In March 2020, there were 10 homes sold, with a median sale price of $134,000 - a 16.6% decrease over the $160,600 median sale price for the same period of the previous year. There were 10 homes sold in Richmond Heights in March 2019, as well.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 3% of the median home sale price for March 2020.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 31 | 34 | -8.8% | $157,100 | $187,250 | -16.1% |
| North Olmsted | 43 | 46 | -6.5% | $145,000 | $168,950 | -14.2% |
| Lyndhurst | 23 | 29 | -20.7% | $138,000 | $124,250 | 11.1% |
| Berea | 18 | 30 | -40% | $137,716 | $143,500 | -4% |
| Olmsted Falls | 15 | 11 | 36.4% | $137,500 | $168,000 | -18.2% |
| Richmond Heights | 10 | 10 | 0% | $134,000 | $160,600 | -16.6% |
| Brook Park | 26 | 23 | 13% | $126,500 | $125,500 | 0.8% |
| Parma | 82 | 135 | -39.3% | $125,000 | $119,900 | 4.3% |
| Brooklyn | 4 | 15 | -73.3% | $119,735 | $107,000 | 11.9% |
| Parma Heights | 12 | 21 | -42.9% | $116,940 | $90,000 | 29.9% |
| Cleveland Heights | 61 | 74 | -17.6% | $95,000 | $102,250 | -7.1% |
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