From October through December of 2017, there were 99 homes sold, with a median sale price of $206,000 - a 5.4% decrease over the $217,825 median sale price for the same period of the previous year. There were 106 homes sold in Rocky River in the fourth quarter of 2016.
The median sales tax in Rocky River for the most recent year with available data, 2016, was $5,623, approximately 2.7% of the median home sale price for the fourth quarter of 2017.
The following table compares Rocky River to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bay Village | 86 | 77 | 11.7% | $229,625 | $203,000 | 13.1% |
| Brecksville | 67 | 52 | 28.8% | $225,000 | $220,000 | 2.3% |
| Valley View | 5 | 1 | 400% | $225,000 | $100,000 | 125% |
| Highland Heights | 33 | 29 | 13.8% | $215,000 | $283,500 | -24.2% |
| Broadview Heights | 72 | 83 | -13.3% | $208,971 | $191,000 | 9.4% |
| Rocky River | 99 | 106 | -6.6% | $206,000 | $217,825 | -5.4% |
| Westlake | 140 | 112 | 25% | $189,500 | $227,750 | -16.8% |
| Glenwillow | 3 | 0 | - | $189,000 | $0 | - |
| Olmsted Township | 34 | 25 | 36% | $186,450 | $162,500 | 14.7% |
| Independence | 21 | 26 | -19.2% | $183,800 | $201,000 | -8.6% |
| Strongsville | 185 | 184 | 0.5% | $181,500 | $170,500 | 6.5% |
Alerts Sign-up