In March 2017, there were six homes sold, with a median sale price of $103,500 - a 31% decrease over the $149,900 median sale price for the same period of the previous year. There were 11 homes sold in Richmond Heights in March 2016.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 3.9% of the median home sale price for March 2017.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Olmsted | 19 | 28 | -32.1% | $123,000 | $98,925 | 24.3% |
| Shaker Heights | 17 | 24 | -29.2% | $120,625 | $180,000 | -33% |
| Walton Hills | 1 | 0 | - | $120,000 | $0 | - |
| Fairview Park | 12 | 16 | -25% | $113,750 | $112,500 | 1.1% |
| Cleveland Heights | 32 | 50 | -36% | $105,650 | $63,750 | 65.7% |
| Richmond Heights | 6 | 11 | -45.5% | $103,500 | $149,900 | -31% |
| Lyndhurst | 14 | 13 | 7.7% | $94,000 | $87,300 | 7.7% |
| Parma | 54 | 81 | -33.3% | $92,875 | $84,900 | 9.4% |
| Parma Heights | 7 | 21 | -66.7% | $92,000 | $83,438 | 10.3% |
| Bedford Heights | 7 | 3 | 133.3% | $90,000 | $31,649 | 184.4% |
| Brooklyn | 5 | 11 | -54.5% | $80,000 | $61,900 | 29.2% |
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