From July through September of 2017, there were 1,828 homes sold, with a median sale price of $35,950 - a 39.6% increase over the $25,750 median sale price for the same period of the previous year. There were 1,542 homes sold in Cleveland in the third quarter of 2016.
The median sales tax in Cleveland for the most recent year with available data, 2016, was $1,682, approximately 4.7% of the median home sale price for the third quarter of 2017.
The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in the third quarter of 2017:
City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
South Euclid | 190 | 120 | 58.3% | $85,000 | $79,950 | 6.3% |
Bedford | 78 | 61 | 27.9% | $60,000 | $59,600 | 0.7% |
North Randall | 2 | 3 | -33.3% | $56,700 | $83,000 | -31.7% |
Euclid | 259 | 209 | 23.9% | $51,500 | $46,667 | 10.4% |
Warrensville Heights | 46 | 39 | 17.9% | $51,450 | $30,000 | 71.5% |
Garfield Heights | 224 | 149 | 50.3% | $50,800 | $37,000 | 37.3% |
Highland Hills | 5 | 3 | 66.7% | $50,000 | $97,250 | -48.6% |
Newburgh Heights | 8 | 9 | -11.1% | $38,500 | $27,000 | 42.6% |
Maple Heights | 123 | 125 | -1.6% | $38,500 | $34,500 | 11.6% |
Cleveland | 1,828 | 1,542 | 18.5% | $35,950 | $25,750 | 39.6% |
East Cleveland | 39 | 38 | 2.6% | $17,500 | $8,777 | 99.4% |