From January through March of 2020, there were 79 homes sold, with a median sale price of $180,000 - a 6.5% increase over the $169,050 median sale price for the same period of the previous year. There were 106 homes sold in Shaker Heights in the first quarter of 2019.
The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,233, approximately 4.6% of the median home sale price for the first quarter of 2020.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakewood | 123 | 241 | -49% | $194,900 | $168,000 | 16% |
| Olmsted Township | 21 | 23 | -8.7% | $194,000 | $219,900 | -11.8% |
| Brooklyn Heights | 1 | 2 | -50% | $185,000 | $169,750 | 9% |
| Walton Hills | 4 | 3 | 33.3% | $183,950 | $199,900 | -8% |
| Seven Hills | 30 | 46 | -34.8% | $182,500 | $183,750 | -0.7% |
| Shaker Heights | 79 | 106 | -25.5% | $180,000 | $169,050 | 6.5% |
| Middleburg Heights | 31 | 49 | -36.7% | $180,000 | $167,000 | 7.8% |
| Fairview Park | 39 | 56 | -30.4% | $179,000 | $158,500 | 12.9% |
| North Royalton | 79 | 88 | -10.2% | $165,000 | $143,783 | 14.8% |
| University Heights | 55 | 45 | 22.2% | $156,000 | $127,000 | 22.8% |
| Mayfield Heights | 44 | 55 | -20% | $153,875 | $126,000 | 22.1% |
Alerts Sign-up