From April through June of 2017, there were six homes sold, with a median sale price of $70,155 - a 44.1% decrease over the $125,500 median sale price for the same period of the previous year. There were 10 homes sold in Oakwood in the second quarter of 2016.
The median sales tax in Oakwood for the most recent year with available data, 2016, was $3,147, approximately 4.5% of the median home sale price for the second quarter of 2017.
The following table compares Oakwood to other Cuyahoga County cities with similar median sales prices in the second quarter of 2017:
| City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Parma | 331 | 200 | 65.5% | $104,640 | $89,750 | 16.6% |
| Cleveland Heights | 232 | 148 | 56.8% | $99,625 | $95,750 | 4% |
| Brook Park | 77 | 43 | 79.1% | $99,000 | $109,000 | -9.2% |
| Brooklyn | 48 | 21 | 128.6% | $94,500 | $90,000 | 5% |
| Bedford | 53 | 33 | 60.6% | $73,000 | $44,000 | 65.9% |
| Oakwood | 6 | 10 | -40% | $70,154.50 | $125,500 | -44.1% |
| South Euclid | 132 | 97 | 36.1% | $65,750 | $66,000 | -0.4% |
| Euclid | 222 | 123 | 80.5% | $55,000 | $39,000 | 41% |
| Highland Hills | 2 | 2 | 0% | $53,400 | $38,667 | 38.1% |
| Bedford Heights | 21 | 13 | 61.5% | $51,000 | $50,000 | 2% |
| Garfield Heights | 162 | 120 | 35% | $45,000 | $38,510.50 | 16.9% |
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