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Buckeye Reporter

Thursday, October 31, 2024

Newburgh Heights home prices fall in March 2020

Realestate077

The median sale price of a home sold in March 2020 in Newburgh Heights fell by $15,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2020, there were two homes sold, with a median sale price of $52,000 - a 23% decrease over the $67,500 median sale price for the same period of the previous year. There were three homes sold in Newburgh Heights in March 2019.

The median sales tax in Newburgh Heights for the most recent year with available data, 2016, was $2,179, approximately 4.2% of the median home sale price for March 2020.

The following table compares Newburgh Heights to other Cuyahoga County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Bedford Heights911-18.2%$80,000$105,000-23.8%
North Randall20-$79,117$0-
Bedford1619-15.8%$78,000$59,00032.2%
Euclid45100-55%$75,000$53,16741.1%
Garfield Heights4445-2.2%$67,750$64,0005.9%
Newburgh Heights23-33.3%$52,000$67,500-23%
Woodmere10-$50,000$0-
Cleveland338650-48%$50,000$37,95031.8%
Maple Heights2640-35%$37,000$50,000-26%
East Cleveland730-76.7%$35,000$12,350183.4%
Oakwood21100%$34,250$36,667-6.6%

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