In June 2017, there were 19 homes sold, with a median sale price of $80,000 - a 46.4% decrease over the $149,250 median sale price for the same period of the previous year. There were six homes sold in Olmsted Falls in June 2016.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 5.3% of the median home sale price for June 2017.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Richmond Heights | 12 | 10 | 20% | $99,550 | $118,000 | -15.6% |
| Cleveland Heights | 110 | 61 | 80.3% | $94,500 | $116,000 | -18.5% |
| Brook Park | 21 | 21 | 0% | $91,700 | $100,000 | -8.3% |
| Brooklyn | 19 | 8 | 137.5% | $90,000 | $89,500 | 0.6% |
| Highland Hills | 1 | 2 | -50% | $86,800 | $38,667 | 124.5% |
| Olmsted Falls | 19 | 6 | 216.7% | $80,000 | $149,250 | -46.4% |
| Bedford | 14 | 10 | 40% | $77,500 | $54,500 | 42.2% |
| Oakwood | 4 | 2 | 100% | $69,600 | $98,000 | -29% |
| South Euclid | 58 | 37 | 56.8% | $65,750 | $72,000 | -8.7% |
| Euclid | 107 | 27 | 296.3% | $60,000 | $39,000 | 53.8% |
| Newburgh Heights | 2 | 2 | 0% | $59,000 | $35,277 | 67.2% |
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