In June 2019, there were 86 homes sold, with a median sale price of $199,500 - a 18.1% increase over the $168,900 median sale price for the same period of the previous year. There were 107 homes sold in Lakewood in June 2018.
The median sales tax in Lakewood for the most recent year with available data, 2016, was $4,511, approximately 2.3% of the median home sale price for June 2019.
The following table compares Lakewood to other Cuyahoga County cities with similar median sales prices in June 2019:
| City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Highland Heights | 13 | 10 | 30% | $230,000 | $210,000 | 9.5% |
| Strongsville | 89 | 79 | 12.7% | $220,000 | $209,500 | 5% |
| Broadview Heights | 32 | 31 | 3.2% | $213,500 | $214,000 | -0.2% |
| North Royalton | 37 | 41 | -9.8% | $210,000 | $164,500 | 27.7% |
| Mayfield | 6 | 3 | 100% | $200,325 | $205,000 | -2.3% |
| Lakewood | 86 | 107 | -19.6% | $199,500 | $168,900 | 18.1% |
| Olmsted Township | 19 | 19 | 0% | $180,000 | $169,000 | 6.5% |
| Olmsted Falls | 21 | 21 | 0% | $170,000 | $169,000 | 0.6% |
| University Heights | 58 | 51 | 13.7% | $169,000 | $143,000 | 18.2% |
| Richmond Heights | 18 | 18 | 0% | $167,500 | $117,000 | 43.2% |
| Middleburg Heights | 23 | 29 | -20.7% | $165,900 | $137,500 | 20.7% |
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