In May 2018, there were 582 homes sold, with a median sale price of $40,000 - a 19.4% increase over the $33,500 median sale price for the same period of the previous year. There were 522 homes sold in Cleveland in May 2017.
The median sales tax in Cleveland for the most recent year with available data, 2016, was $1,682, approximately 4.2% of the median home sale price for May 2018.
The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in May 2018:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Brooklyn | 7 | 20 | -65% | $94,000 | $94,000 | 0% |
South Euclid | 62 | 48 | 29.2% | $78,250 | $63,000 | 24.2% |
Bedford | 25 | 19 | 31.6% | $69,900 | $46,000 | 52% |
Euclid | 106 | 77 | 37.7% | $60,300 | $48,000 | 25.6% |
Garfield Heights | 67 | 61 | 9.8% | $58,000 | $45,000 | 28.9% |
Newburgh Heights | 4 | 5 | -20% | $51,747.50 | $36,000 | 43.7% |
Maple Heights | 42 | 43 | -2.3% | $49,450 | $36,500 | 35.5% |
North Randall | 2 | 0 | - | $44,500 | $0 | - |
Cleveland | 582 | 522 | 11.5% | $40,000 | $33,500 | 19.4% |
East Cleveland | 23 | 18 | 27.8% | $38,700 | $4,550 | 750.5% |
Warrensville Heights | 11 | 7 | 57.1% | $34,000 | $45,000 | -24.4% |