From October through December of 2019, there were 21 homes sold, with a median sale price of $197,700 - a 15.9% decrease over the $234,950 median sale price for the same period of the previous year. There were 18 homes sold in Independence in the fourth quarter of 2018.
The median sales tax in Independence for the most recent year with available data, 2016, was $4,557, approximately 2.3% of the median home sale price for the fourth quarter of 2019.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brecksville | 42 | 52 | -19.2% | $220,000 | $229,500 | -4.1% |
| Westlake | 88 | 152 | -42.1% | $219,450 | $200,000 | 9.7% |
| Strongsville | 112 | 150 | -25.3% | $210,500 | $194,950 | 8% |
| Walton Hills | 8 | 18 | -55.6% | $202,500 | $191,587.50 | 5.7% |
| Seven Hills | 35 | 48 | -27.1% | $199,900 | $175,500 | 13.9% |
| Independence | 21 | 18 | 16.7% | $197,700 | $234,950 | -15.9% |
| Lakewood | 179 | 243 | -26.3% | $185,000 | $160,000 | 15.6% |
| Olmsted Township | 20 | 29 | -31% | $180,500 | $204,000 | -11.5% |
| North Royalton | 81 | 97 | -16.5% | $173,000 | $163,400 | 5.9% |
| Broadview Heights | 64 | 64 | 0% | $172,250 | $192,500 | -10.5% |
| Shaker Heights | 107 | 154 | -30.5% | $166,425 | $164,619 | 1.1% |
Alerts Sign-up