In August 2020, there were 511 homes sold, with a median sale price of $55,000 - a 27.9% increase over the $43,000 median sale price for the same period of the previous year. There were 631 homes sold in Cleveland in August 2019.
The median sales tax in Cleveland for the most recent year with available data, 2019, was $1,416, approximately 2.6% of the median home sale price for August 2020.
The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in August 2020:
City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
South Euclid | 34 | 50 | -32% | $124,750 | $80,000 | 55.9% |
Bedford | 19 | 21 | -9.5% | $120,000 | $77,000 | 55.8% |
Richmond Heights | 6 | 17 | -64.7% | $112,000 | $140,000 | -20% |
Bedford Heights | 9 | 12 | -25% | $90,100 | $74,500 | 20.9% |
Euclid | 62 | 109 | -43.1% | $80,000 | $62,000 | 29% |
Garfield Heights | 53 | 74 | -28.4% | $75,000 | $59,000 | 27.1% |
Maple Heights | 46 | 67 | -31.3% | $66,250 | $46,306 | 43.1% |
Newburgh Heights | 1 | 4 | -75% | $60,000 | $57,750 | 3.9% |
Warrensville Heights | 8 | 9 | -11.1% | $57,000 | $76,900 | -25.9% |
Cleveland | 511 | 631 | -19% | $55,000 | $43,000 | 27.9% |
East Cleveland | 14 | 13 | 7.7% | $17,850 | $36,100 | -50.6% |