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Buckeye Reporter

Thursday, October 31, 2024

Mayfield Heights home prices rise in March 2020

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The median sale price of a home sold in March 2020 in Mayfield Heights rose by $27,000 while total sales decreased by 21.1%, according to BlockShopper.com.

In March 2020, there were 15 homes sold, with a median sale price of $160,000 - a 20.3% increase over the $133,000 median sale price for the same period of the previous year. There were 19 homes sold in Mayfield Heights in March 2019.

The median sales tax in Mayfield Heights for the most recent year with available data, 2016, was $3,601, approximately 2.3% of the median home sale price for March 2020.

The following table compares Mayfield 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)
Fairview Park924-62.5%$200,000$181,9509.9%
North Royalton32320%$189,950$179,5005.8%
Seven Hills1420-30%$189,450$193,000-1.8%
University Heights281764.7%$182,500$98,80084.7%
Mayfield5366.7%$178,000$215,000-17.2%
Mayfield Heights1519-21.1%$160,000$133,00020.3%
Shaker Heights3134-8.8%$157,100$187,250-16.1%
North Olmsted4346-6.5%$145,000$168,950-14.2%
Lyndhurst2329-20.7%$138,000$124,25011.1%
Berea1830-40%$137,716$143,500-4%
Olmsted Falls151136.4%$137,500$168,000-18.2%

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