In April 2019, there were nine homes sold, with a median sale price of $450,000 - a 2.1% decrease over the $459,500 median sale price for the same period of the previous year. There were eight homes sold in Moreland Hills in April 2018.
The median sales tax in Moreland Hills for the most recent year with available data, 2016, was $10,941, approximately 2.4% of the median home sale price for April 2019.
The following table compares Moreland Hills to other Cuyahoga County cities with similar median sales prices in April 2019:
City | Apr. 2019 Home Sales | Apr. 2018 Home Sales | % change (Total Home Sales) | Apr. 2019 Median Sales Price | Apr. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hunting Valley | 2 | 1 | 100% | $1,275,000 | $1,075,000 | 18.6% |
Moreland Hills | 9 | 8 | 12.5% | $450,000 | $459,500 | -2.1% |
Pepper Pike | 14 | 3 | 366.7% | $444,500 | $225,000 | 97.6% |
Gates Mills | 3 | 5 | -40% | $440,000 | $508,000 | -13.4% |
Bentleyville | 1 | 0 | - | $439,000 | $0 | - |
Orange | 5 | 9 | -44.4% | $356,000 | $360,000 | -1.1% |
Beachwood | 13 | 14 | -7.1% | $325,000 | $268,750 | 20.9% |
Solon | 30 | 28 | 7.1% | $307,000 | $301,250 | 1.9% |
Westlake | 54 | 42 | 28.6% | $281,000 | $231,250 | 21.5% |
Independence | 7 | 5 | 40% | $280,000 | $220,000 | 27.3% |
Highland Heights | 7 | 11 | -36.4% | $255,000 | $232,500 | 9.7% |