In January 2017, there were 32 homes sold, with a median sale price of $114,450 - a 36.7% increase over the $83,717 median sale price for the same period of the previous year. There were 22 homes sold in North Olmsted in January 2016.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 4% of the median home sale price for January 2017.
The following table compares North Olmsted 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) |
---|---|---|---|---|---|---|
Fairview Park | 16 | 9 | 77.8% | $141,500 | $135,000 | 4.8% |
Shaker Heights | 35 | 25 | 40% | $129,900 | $131,000 | -0.8% |
University Heights | 21 | 10 | 110% | $125,000 | $79,167 | 57.9% |
Richmond Heights | 9 | 10 | -10% | $123,450 | $91,124.50 | 35.5% |
Cuyahoga Heights | 2 | 0 | - | $117,500 | $0 | - |
North Olmsted | 32 | 22 | 45.5% | $114,450 | $83,717 | 36.7% |
Lyndhurst | 14 | 11 | 27.3% | $113,750 | $127,000 | -10.4% |
North Royalton | 24 | 19 | 26.3% | $108,375 | $65,000 | 66.7% |
Parma Heights | 14 | 8 | 75% | $105,500 | $89,500 | 17.9% |
Mayfield Heights | 14 | 10 | 40% | $99,000 | $90,432.50 | 9.5% |
Berea | 13 | 8 | 62.5% | $99,000 | $122,500 | -19.2% |