In July 2019, there were 55 homes sold, with a median sale price of $159,900 - a 3.2% decrease over the $165,250 median sale price for the same period of the previous year. There were 46 homes sold in North Olmsted in July 2018.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 2.8% of the median home sale price for July 2019.
The following table compares North Olmsted 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) |
---|---|---|---|---|---|---|
Valley View | 3 | 3 | 0% | $193,000 | $167,000 | 15.6% |
Lakewood | 99 | 95 | 4.2% | $189,898 | $167,350 | 13.5% |
Seven Hills | 29 | 20 | 45% | $183,500 | $177,500 | 3.4% |
Independence | 12 | 11 | 9.1% | $181,000 | $235,000 | -23% |
Fairview Park | 22 | 32 | -31.3% | $180,500 | $153,750 | 17.4% |
North Olmsted | 55 | 46 | 19.6% | $159,900 | $165,250 | -3.2% |
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% |