In January 2017, there were four homes sold, with a median sale price of $314,000 - a 26.4% increase over the $248,450 median sale price for the same period of the previous year. There were two homes sold in Mayfield in January 2016.
The median sales tax in Mayfield for the most recent year with available data, 2016, was $5,906, approximately 1.9% of the median home sale price for January 2017.
The following table compares Mayfield to other Cuyahoga County cities with similar median sales prices in January 2017:
City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Moreland Hills | 5 | 1 | 400% | $540,000 | $462,000 | 16.9% |
Bentleyville | 1 | 0 | - | $425,000 | $0 | - |
Pepper Pike | 6 | 4 | 50% | $390,000 | $280,000 | 39.3% |
Mayfield | 4 | 2 | 100% | $314,000 | $248,450 | 26.4% |
Gates Mills | 4 | 0 | - | $305,000 | $0 | - |
Walton Hills | 2 | 1 | 100% | $301,000 | $158,000 | 90.5% |
Valley View | 1 | 1 | 0% | $299,500 | $242,000 | 23.8% |
Solon | 22 | 10 | 120% | $285,000 | $289,500 | -1.6% |
Chagrin Falls | 5 | 6 | -16.7% | $280,000 | $35,000 | 700% |
Orange | 1 | 2 | -50% | $245,000 | $158,500 | 54.6% |
Beachwood | 10 | 4 | 150% | $222,950 | $170,000 | 31.1% |