In November 2019, there were two homes sold, with a median sale price of $345,000 - a 5% increase over the $328,584 median sale price for the same period of the previous year. There were four homes sold in Gates Mills in November 2018.
The median sales tax in Gates Mills for the most recent year with available data, 2016, was $14,239, approximately 4.1% of the median home sale price for November 2019.
The following table compares Gates Mills to other Cuyahoga County cities with similar median sales prices in November 2019:
| City | Nov. 2019 Home Sales | Nov. 2018 Home Sales | % change (Total Home Sales) | Nov. 2019 Median Sales Price | Nov. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Orange | 4 | 6 | -33.3% | $471,250 | $375,975 | 25.3% |
| Pepper Pike | 7 | 14 | -50% | $399,000 | $380,000 | 5% |
| Beachwood | 4 | 9 | -55.6% | $385,000 | $259,000 | 48.6% |
| Moreland Hills | 1 | 8 | -87.5% | $373,309 | $459,250 | -18.7% |
| Bratenahl | 1 | 2 | -50% | $350,000 | $330,100 | 6% |
| Gates Mills | 2 | 4 | -50% | $345,000 | $328,583.50 | 5% |
| Highland Heights | 6 | 2 | 200% | $321,250 | $217,750 | 47.5% |
| Oakwood | 4 | 3 | 33.3% | $256,000 | $107,900 | 137.3% |
| Mayfield | 3 | 4 | -25% | $242,500 | $216,250 | 12.1% |
| Solon | 12 | 33 | -63.6% | $235,500 | $281,000 | -16.2% |
| Bay Village | 15 | 23 | -34.8% | $225,000 | $280,000 | -19.6% |
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