In January 2017, there were 11 homes sold, with a median sale price of $79,100 - a 3% decrease over the $81,560 median sale price for the same period of the previous year. There were seven homes sold in Olmsted Falls in January 2016.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 5.4% of the median home sale price for January 2017.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brook Park | 13 | 11 | 18.2% | $95,000 | $104,000 | -8.7% |
| Oakwood | 4 | 1 | 300% | $93,050 | $5,000 | 1761% |
| Parma | 95 | 55 | 72.7% | $92,500 | $74,000 | 25% |
| Cleveland Heights | 32 | 38 | -15.8% | $86,250 | $63,000 | 36.9% |
| South Euclid | 31 | 14 | 121.4% | $81,500 | $60,242 | 35.3% |
| Olmsted Falls | 11 | 7 | 57.1% | $79,100 | $81,560 | -3% |
| Brooklyn | 6 | 5 | 20% | $78,500 | $97,000 | -19.1% |
| Bedford | 17 | 14 | 21.4% | $72,000 | $44,250 | 62.7% |
| Bedford Heights | 7 | 5 | 40% | $65,750 | $96,500 | -31.9% |
| Warrensville Heights | 9 | 8 | 12.5% | $52,500 | $19,500 | 169.2% |
| Euclid | 67 | 62 | 8.1% | $49,000 | $39,500 | 24.1% |
Alerts Sign-up