In August 2019, there were 16 homes sold, with a median sale price of $135,750 - a 17.7% decrease over the $165,000 median sale price for the same period of the previous year. There were 19 homes sold in Olmsted Falls in August 2018.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 3.1% of the median home sale price for August 2019.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Olmsted | 53 | 62 | -14.5% | $160,000 | $169,700 | -5.7% |
| Brooklyn Heights | 3 | 1 | 200% | $155,000 | $145,500 | 6.5% |
| Middleburg Heights | 20 | 27 | -25.9% | $152,000 | $157,000 | -3.2% |
| Lyndhurst | 34 | 51 | -33.3% | $149,450 | $138,500 | 7.9% |
| Richmond Heights | 17 | 9 | 88.9% | $140,000 | $146,000 | -4.1% |
| Olmsted Falls | 16 | 19 | -15.8% | $135,750 | $165,000 | -17.7% |
| Berea | 43 | 43 | 0% | $131,000 | $131,700 | -0.5% |
| Parma Heights | 31 | 40 | -22.5% | $129,000 | $118,000 | 9.3% |
| Brook Park | 31 | 30 | 3.3% | $126,300 | $124,950 | 1.1% |
| Parma | 164 | 157 | 4.5% | $125,000 | $112,250 | 11.4% |
| Mayfield Heights | 30 | 41 | -26.8% | $122,500 | $152,000 | -19.4% |
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