From January through December of 2018, there were 65 homes sold, with a median sale price of $429,000 - a 23.5% increase over the $347,450 median sale price for the previous year. There were 68 homes sold in Moreland Hills in 2017.
The median sales tax in Moreland Hills for the most recent year with available data, 2016, was $10,941, approximately 2.6% of the median home sale price for 2018.
The following table compares Moreland Hills to other Cuyahoga County cities with similar median sales prices in 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hunting Valley | 7 | 11 | -36.4% | $1,175,000 | $1,020,000 | 15.2% |
Bentleyville | 11 | 16 | -31.3% | $470,000 | $398,500 | 17.9% |
Moreland Hills | 65 | 68 | -4.4% | $429,000 | $347,450 | 23.5% |
Pepper Pike | 107 | 115 | -7% | $409,000 | $400,000 | 2.3% |
Gates Mills | 33 | 49 | -32.7% | $362,291 | $469,500 | -22.8% |
Orange | 81 | 53 | 52.8% | $300,000 | $277,000 | 8.3% |
Glenwillow | 10 | 10 | 0% | $285,000 | $195,550 | 45.7% |
Solon | 333 | 392 | -15.1% | $280,000 | $265,500 | 5.5% |
Beachwood | 177 | 195 | -9.2% | $270,000 | $260,000 | 3.8% |
Bratenahl | 52 | 58 | -10.3% | $261,250 | $236,250 | 10.6% |
Chagrin Falls | 105 | 129 | -18.6% | $251,000 | $285,000 | -11.9% |