In February 2020, there were 419 homes sold, with a median sale price of $40,000 - a 6.8% decrease over the $42,900 median sale price for the same period of the previous year. There were 609 homes sold in Cleveland in February 2019.
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 February 2020.
The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in February 2020:
City | Feb. 2020 Home Sales | Feb. 2019 Home Sales | % change (Total Home Sales) | Feb. 2020 Median Sales Price | Feb. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bedford Heights | 7 | 7 | 0% | $110,425 | $110,500 | -0.1% |
Cleveland Heights | 44 | 79 | -44.3% | $108,550 | $84,500 | 28.5% |
Brooklyn | 6 | 5 | 20% | $97,500 | $64,000 | 52.3% |
Bedford | 10 | 19 | -47.4% | $79,950 | $67,000 | 19.3% |
Newburgh Heights | 4 | 2 | 100% | $73,750 | $49,333.50 | 49.5% |
Euclid | 58 | 91 | -36.3% | $67,475 | $55,000 | 22.7% |
Maple Heights | 33 | 49 | -32.7% | $59,000 | $47,500 | 24.2% |
Warrensville Heights | 11 | 17 | -35.3% | $56,000 | $43,500 | 28.7% |
Garfield Heights | 34 | 80 | -57.5% | $53,500 | $48,070 | 11.3% |
Cleveland | 419 | 609 | -31.2% | $40,000 | $42,900 | -6.8% |
East Cleveland | 9 | 24 | -62.5% | $17,500 | $25,000 | -30% |