From January through March of 2017, there were 32 homes sold, with a median sale price of $96,000 - a 16% increase over the $82,769 median sale price for the same period of the previous year. There were 40 homes sold in Parma Heights in the first quarter of 2016.
The median sales tax in Parma Heights for the most recent year with available data, 2016, was $3,063, approximately 3.2% of the median home sale price for the first quarter of 2017.
The following table compares Parma Heights to other Cuyahoga County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oakwood | 7 | 2 | 250% | $109,000 | $57,500 | 89.6% |
| Richmond Heights | 23 | 29 | -20.7% | $108,900 | $79,800 | 36.5% |
| Olmsted Falls | 20 | 36 | -44.4% | $107,500 | $97,000 | 10.8% |
| Berea | 39 | 41 | -4.9% | $103,000 | $113,000 | -8.8% |
| Lyndhurst | 46 | 41 | 12.2% | $99,250 | $108,000 | -8.1% |
| Parma Heights | 32 | 40 | -20% | $96,000 | $82,769 | 16% |
| Brook Park | 41 | 47 | -12.8% | $90,000 | $96,500 | -6.7% |
| Parma | 228 | 204 | 11.8% | $88,500 | $79,200 | 11.7% |
| Cleveland Heights | 105 | 135 | -22.2% | $80,000 | $60,500 | 32.2% |
| Brooklyn | 20 | 19 | 5.3% | $78,500 | $63,000 | 24.6% |
| Bedford Heights | 19 | 11 | 72.7% | $78,000 | $57,000 | 36.8% |
Alerts Sign-up