In July 2019, there were 27 homes sold, with a median sale price of $135,000 - a 30.8% decrease over the $194,950 median sale price for the same period of the previous year. There were 14 homes sold in Olmsted Falls in July 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 July 2019.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| University Heights | 31 | 40 | -22.5% | $159,500 | $165,000 | -3.3% |
| Berea | 30 | 28 | 7.1% | $159,500 | $134,700 | 18.4% |
| Lyndhurst | 34 | 56 | -39.3% | $156,000 | $131,500 | 18.6% |
| Mayfield Heights | 31 | 36 | -13.9% | $144,000 | $148,700 | -3.2% |
| Middleburg Heights | 26 | 24 | 8.3% | $139,000 | $132,450 | 4.9% |
| Olmsted Falls | 27 | 14 | 92.9% | $135,000 | $194,950 | -30.8% |
| Brook Park | 23 | 36 | -36.1% | $132,400 | $119,950 | 10.4% |
| Parma Heights | 35 | 38 | -7.9% | $126,000 | $126,100 | -0.1% |
| Parma | 120 | 176 | -31.8% | $125,000 | $116,750 | 7.1% |
| Brooklyn | 21 | 9 | 133.3% | $120,000 | $104,900 | 14.4% |
| Cleveland Heights | 75 | 78 | -3.8% | $120,000 | $95,000 | 26.3% |
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