In April 2017, there were 68 homes sold, with a median sale price of $103,750 - a 5.9% increase over the $98,000 median sale price for the same period of the previous year. There were 59 homes sold in Parma in April 2016.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 2.7% of the median home sale price for April 2017.
The following table compares Parma to other Cuyahoga County cities with similar median sales prices in April 2017:
| City | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayfield Heights | 17 | 5 | 240% | $127,500 | $159,000 | -19.8% |
| Brook Park | 21 | 11 | 90.9% | $123,000 | $111,000 | 10.8% |
| Parma Heights | 10 | 14 | -28.6% | $113,450 | $75,000 | 51.3% |
| Berea | 24 | 15 | 60% | $111,000 | $108,500 | 2.3% |
| Cuyahoga Heights | 1 | 0 | - | $107,000 | $0 | - |
| Parma | 68 | 59 | 15.3% | $103,750 | $98,000 | 5.9% |
| Broadview Heights | 13 | 4 | 225% | $103,000 | $239,700 | -57% |
| Brooklyn | 9 | 5 | 80% | $100,000 | $89,900 | 11.2% |
| Cleveland Heights | 46 | 44 | 4.5% | $83,449.50 | $81,333.50 | 2.6% |
| South Euclid | 26 | 30 | -13.3% | $81,875 | $68,250 | 20% |
| Bedford Heights | 5 | 2 | 150% | $78,000 | $71,950 | 8.4% |
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