In August 2019, there were 50 homes sold, with a median sale price of $223,950 - a 5.9% decrease over the $238,000 median sale price for the same period of the previous year. There were 58 homes sold in Rocky River in August 2018.
The median sales tax in Rocky River for the most recent year with available data, 2016, was $5,623, approximately 2.5% of the median home sale price for August 2019.
The following table compares Rocky River to other Cuyahoga County cities with similar median sales prices in August 2019:
City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Broadview Heights | 41 | 39 | 5.1% | $260,000 | $195,000 | 33.3% |
Bay Village | 36 | 34 | 5.9% | $257,450 | $227,500 | 13.2% |
Independence | 4 | 13 | -69.2% | $256,950 | $269,000 | -4.5% |
Brecksville | 14 | 24 | -41.7% | $233,750 | $247,500 | -5.6% |
Strongsville | 85 | 79 | 7.6% | $224,300 | $200,000 | 12.2% |
Rocky River | 50 | 58 | -13.8% | $223,950 | $238,000 | -5.9% |
Shaker Heights | 55 | 58 | -5.2% | $205,000 | $234,450 | -12.6% |
Walton Hills | 2 | 6 | -66.7% | $190,000 | $223,450 | -15% |
Fairview Park | 34 | 36 | -5.6% | $189,900 | $181,750 | 4.5% |
Westlake | 44 | 57 | -22.8% | $187,500 | $182,000 | 3% |
Seven Hills | 26 | 23 | 13% | $186,250 | $192,500 | -3.2% |