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Buckeye Reporter

Thursday, October 31, 2024

Warrensville Heights home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Warrensville Heights fell by $7,750 while total sales decreased by 42.2%, according to BlockShopper.com.

From January through March of 2020, there were 26 homes sold, with a median sale price of $42,250 - a 15.5% decrease over the $50,000 median sale price for the same period of the previous year. There were 45 homes sold in Warrensville Heights in the first quarter of 2019.

The median sales tax in Warrensville Heights for the most recent year with available data, 2016, was $2,136, approximately 5.1% of the median home sale price for the first quarter of 2020.

The following table compares Warrensville Heights to other Cuyahoga County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
North Randall21100%$79,117$80,000-1.1%
Oakwood10911.1%$78,625$70,00012.3%
Bedford3552-32.7%$78,500$59,999.5030.8%
Euclid159258-38.4%$64,600$55,74515.9%
Newburgh Heights9812.5%$62,000$41,75048.5%
Garfield Heights120195-38.5%$59,700$52,50013.7%
Woodmere110%$50,000$139,900-64.3%
Maple Heights93141-34%$45,000$47,500-5.3%
Cleveland1,1241,786-37.1%$44,000$40,00010%
Warrensville Heights2645-42.2%$42,250$50,000-15.5%
East Cleveland2568-63.2%$21,000$16,65026.1%

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