Quantcast

Cleveland Reporter

Saturday, November 23, 2024

Cleveland home prices rise in the third quarter of 2018

Re 2

The median sale price of a home sold in the third quarter of 2018 in Cleveland rose by $6,750 while total sales decreased by 1.7%, according to BlockShopper.com.

From July through September of 2018, there were 1,797 homes sold, with a median sale price of $42,700 - a 18.8% increase over the $35,950 median sale price for the same period of the previous year. There were 1,828 homes sold in Cleveland in the third quarter of 2017.

The median sales tax in Cleveland for the most recent year with available data, 2016, was $1,682, approximately 3.9% of the median home sale price for the third quarter of 2018.

The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
South Euclid163190-14.2%$85,500$85,0000.6%
Highland Hills25-60%$82,500$50,00065%
Bedford5478-30.8%$82,000$60,00036.7%
North Randall220%$71,400$56,70025.9%
Euclid2842599.7%$63,000$51,50022.3%
Garfield Heights206224-8%$57,100$50,80012.4%
Maple Heights13812312.2%$50,000$38,50029.9%
Warrensville Heights4046-13%$50,000$51,450-2.8%
Newburgh Heights11837.5%$47,000$38,50022.1%
Cleveland1,7971,828-1.7%$42,700$35,95018.8%
East Cleveland483923.1%$27,100$17,50054.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS