From January through March of 2019, there were 31 homes sold, with a median sale price of $147,500 - a 11.3% increase over the $132,500 median sale price for the same period of the previous year. There were 32 homes sold in Olmsted Falls in the first quarter of 2018.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.9% of the median home sale price for the first quarter of 2019.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 106 | 127 | -16.5% | $169,050 | $150,000 | 12.7% |
| Lakewood | 241 | 232 | 3.9% | $168,000 | $153,000 | 9.8% |
| Middleburg Heights | 49 | 48 | 2.1% | $167,000 | $144,000 | 16% |
| Cuyahoga Heights | 2 | 2 | 0% | $159,500 | $134,127.50 | 18.9% |
| Fairview Park | 56 | 58 | -3.4% | $158,500 | $165,000 | -3.9% |
| Olmsted Falls | 31 | 32 | -3.1% | $147,500 | $132,500 | 11.3% |
| North Royalton | 88 | 84 | 4.8% | $143,783 | $145,500 | -1.2% |
| Berea | 67 | 58 | 15.5% | $140,000 | $116,500 | 20.2% |
| Woodmere | 1 | 1 | 0% | $139,900 | $65,000 | 115.2% |
| North Olmsted | 112 | 101 | 10.9% | $137,000 | $132,000 | 3.8% |
| University Heights | 45 | 63 | -28.6% | $127,000 | $122,000 | 4.1% |
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