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Buckeye Reporter

Wednesday, October 30, 2024

Orange home prices fall in April 2020

Realestate1

The median sale price of a home sold in April 2020 in Orange fell by $63,400 while total sales increased by 60%, according to BlockShopper.com.

In April 2020, there were eight homes sold, with a median sale price of $292,600 - a 17.8% decrease over the $356,000 median sale price for the same period of the previous year. There were five homes sold in Orange in April 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 April 2020.

The following table compares Orange to other Cuyahoga County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Pepper Pike814-42.9%$492,500$444,50010.8%
Moreland Hills59-44.4%$482,500$450,0007.2%
Mayfield3250%$355,000$135,000163%
Chagrin Falls413-69.2%$317,500$190,00067.1%
Glenwillow10-$294,500$0-
Orange8560%$292,600$356,000-17.8%
Solon353016.7%$291,000$307,000-5.2%
Brooklyn Heights13-66.7%$285,000$115,000147.8%
Rocky River2344-47.7%$279,900$207,50034.9%
Broadview Heights1833-45.5%$277,500$167,00066.2%
Beachwood13130%$267,000$325,000-17.8%

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