In October 2019, there were 134 homes sold, with a median sale price of $120,000 - a 2.1% increase over the $117,500 median sale price for the same period of the previous year. There were 135 homes sold in Parma in October 2018.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 2.4% of the median home sale price for October 2019.
The following table compares Parma to other Cuyahoga County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lyndhurst | 32 | 40 | -20% | $139,950 | $145,000 | -3.5% |
| Mayfield Heights | 24 | 33 | -27.3% | $134,250 | $123,000 | 9.1% |
| University Heights | 22 | 20 | 10% | $131,000 | $127,000 | 3.1% |
| Olmsted Falls | 19 | 17 | 11.8% | $123,000 | $158,000 | -22.2% |
| Brook Park | 26 | 25 | 4% | $122,250 | $123,000 | -0.6% |
| Parma | 134 | 135 | -0.7% | $120,000 | $117,500 | 2.1% |
| Bedford Heights | 13 | 14 | -7.1% | $111,500 | $96,150 | 16% |
| Brooklyn | 12 | 19 | -36.8% | $109,000 | $96,500 | 13% |
| Parma Heights | 24 | 36 | -33.3% | $109,000 | $121,000 | -9.9% |
| North Randall | 2 | 1 | 100% | $107,650 | $67,800 | 58.8% |
| Cleveland Heights | 79 | 76 | 3.9% | $105,000 | $101,250 | 3.7% |
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