In March 2017, there were 54 homes sold, with a median sale price of $92,875 - a 9.4% increase over the $84,900 median sale price for the same period of the previous year. There were 81 homes sold in Parma in March 2016.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 3.1% of the median home sale price for March 2017.
The following table compares Parma to other Cuyahoga County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Walton Hills | 1 | 0 | - | $120,000 | $0 | - |
| Fairview Park | 12 | 16 | -25% | $113,750 | $112,500 | 1.1% |
| Cleveland Heights | 32 | 50 | -36% | $105,650 | $63,750 | 65.7% |
| Richmond Heights | 6 | 11 | -45.5% | $103,500 | $149,900 | -31% |
| Lyndhurst | 14 | 13 | 7.7% | $94,000 | $87,300 | 7.7% |
| Parma | 54 | 81 | -33.3% | $92,875 | $84,900 | 9.4% |
| Parma Heights | 7 | 21 | -66.7% | $92,000 | $83,438 | 10.3% |
| Bedford Heights | 7 | 3 | 133.3% | $90,000 | $31,649 | 184.4% |
| Brooklyn | 5 | 11 | -54.5% | $80,000 | $61,900 | 29.2% |
| Brook Park | 13 | 14 | -7.1% | $75,539 | $98,250 | -23.1% |
| Mayfield | 1 | 2 | -50% | $63,334 | $344,500 | -81.6% |
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