In April 2017, there were 28 homes sold, with a median sale price of $140,500 - a 8.3% increase over the $129,750 median sale price for the same period of the previous year. There were 23 homes sold in North Olmsted in April 2016.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 3.2% of the median home sale price for April 2017.
The following table compares North Olmsted 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) |
---|---|---|---|---|---|---|
Seven Hills | 7 | 13 | -46.2% | $155,000 | $121,000 | 28.1% |
Middleburg Heights | 17 | 11 | 54.5% | $149,500 | $137,000 | 9.1% |
Lakewood | 53 | 37 | 43.2% | $143,000 | $127,500 | 12.2% |
Lyndhurst | 12 | 4 | 200% | $142,000 | $103,750 | 36.9% |
Independence | 3 | 3 | 0% | $141,000 | $180,750 | -22% |
North Olmsted | 28 | 23 | 21.7% | $140,500 | $129,750 | 8.3% |
Olmsted Township | 3 | 7 | -57.1% | $136,800 | $160,000 | -14.5% |
Brooklyn Heights | 2 | 1 | 100% | $132,500 | $167,000 | -20.7% |
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% |