From January through March of 2020, there were nine homes sold, with a median sale price of $295,000 - a 0.8% decrease over the $297,500 median sale price for the same period of the previous year. There were eight homes sold in Orange in the first quarter of 2019.
The median sales tax in Orange for the most recent year with available data, 2016, was $8,118, approximately 2.8% of the median home sale price for the first quarter of 2020.
The following table compares Orange 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) |
---|---|---|---|---|---|---|
Gates Mills | 6 | 5 | 20% | $374,999.50 | $420,000 | -10.7% |
Valley View | 3 | 5 | -40% | $350,000 | $191,575 | 82.7% |
Beachwood | 28 | 28 | 0% | $330,306.50 | $292,250 | 13% |
Independence | 12 | 15 | -20% | $326,750 | $270,500 | 20.8% |
Chagrin Falls | 10 | 13 | -23.1% | $308,500 | $270,000 | 14.3% |
Orange | 9 | 8 | 12.5% | $295,000 | $297,500 | -0.8% |
Brecksville | 38 | 50 | -24% | $286,500 | $236,000 | 21.4% |
Solon | 48 | 78 | -38.5% | $280,000 | $258,750 | 8.2% |
Glenwillow | 2 | 0 | - | $272,950 | $0 | - |
Bay Village | 45 | 73 | -38.4% | $265,000 | $209,900 | 26.3% |
Rocky River | 51 | 91 | -44% | $262,000 | $200,000 | 31% |