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Buckeye Reporter

Thursday, October 31, 2024

Lyndhurst home prices rise 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 Lyndhurst rose by $15,725 while total sales decreased by 19.4%, according to BlockShopper.com.

From January through March of 2020, there were 58 homes sold, with a median sale price of $139,350 - a 12.7% increase over the $123,625 median sale price for the same period of the previous year. There were 72 homes sold in Lyndhurst in the first quarter of 2019.

The median sales tax in Lyndhurst for the most recent year with available data, 2016, was $4,183, approximately 3% of the median home sale price for the first quarter of 2020.

The following table compares Lyndhurst 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)
Fairview Park3956-30.4%$179,000$158,50012.9%
North Royalton7988-10.2%$165,000$143,78314.8%
University Heights554522.2%$156,000$127,00022.8%
Mayfield Heights4455-20%$153,875$126,00022.1%
North Olmsted89112-20.5%$145,000$137,0005.8%
Lyndhurst5872-19.4%$139,350$123,62512.7%
Berea4467-34.3%$137,000$140,000-2.1%
Richmond Heights2245-51.1%$134,000$115,69215.8%
Olmsted Falls2931-6.5%$130,000$147,500-11.9%
Brook Park5365-18.5%$128,543$119,0008%
Parma207322-35.7%$124,500$114,4508.8%

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