From April through June of 2018, there were 53 homes sold, with a median sale price of $150,000 - a 4.5% increase over the $143,500 median sale price for the same period of the previous year. There were 50 homes sold in Olmsted Falls in the second quarter of 2017.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.8% of the median home sale price for the second quarter of 2018.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fairview Park | 99 | 72 | 37.5% | $180,000 | $164,700 | 9.3% |
| Brooklyn Heights | 4 | 4 | 0% | $178,500 | $136,000 | 31.3% |
| Lakewood | 299 | 216 | 38.4% | $168,000 | $148,000 | 13.5% |
| North Olmsted | 168 | 135 | 24.4% | $151,000 | $139,900 | 7.9% |
| Middleburg Heights | 69 | 69 | 0% | $150,000 | $149,500 | 0.3% |
| Olmsted Falls | 53 | 50 | 6% | $150,000 | $143,500 | 4.5% |
| University Heights | 108 | 89 | 21.3% | $142,750 | $160,000 | -10.8% |
| Valley View | 4 | 3 | 33.3% | $138,000 | $259,900 | -46.9% |
| Lyndhurst | 142 | 79 | 79.7% | $137,750 | $140,000 | -1.6% |
| Highland Hills | 1 | 2 | -50% | $134,900 | $53,400 | 152.6% |
| Mayfield Heights | 112 | 64 | 75% | $129,950 | $125,250 | 3.8% |
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