In June 2017, there were 134 homes sold, with a median sale price of $107,250 - a 22.6% increase over the $87,500 median sale price for the same period of the previous year. There were 87 homes sold in Parma in June 2016.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 2.6% of the median home sale price for June 2017.
The following table compares Parma 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) |
|---|---|---|---|---|---|---|
| Middleburg Heights | 21 | 21 | 0% | $132,000 | $120,000 | 10% |
| North Olmsted | 54 | 39 | 38.5% | $129,500 | $140,500 | -7.8% |
| Berea | 26 | 24 | 8.3% | $117,450 | $102,750 | 14.3% |
| Mayfield Heights | 21 | 17 | 23.5% | $110,000 | $109,337 | 0.6% |
| Cuyahoga Heights | 2 | 0 | - | $110,000 | $0 | - |
| Parma | 134 | 87 | 54% | $107,250 | $87,500 | 22.6% |
| Parma Heights | 35 | 22 | 59.1% | $105,000 | $100,000 | 5% |
| 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% |
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