In February 2019, there were five homes sold, with a median sale price of $70,000 - a 26.4% decrease over the $95,100 median sale price for the same period of the previous year. There were three homes sold in Oakwood in February 2018.
The median sales tax in Oakwood for the most recent year with available data, 2016, was $3,147, approximately 4.5% of the median home sale price for February 2019.
The following table compares Oakwood to other Cuyahoga County cities with similar median sales prices in February 2019:
| City | Feb. 2019 Home Sales | Feb. 2018 Home Sales | % change (Total Home Sales) | Feb. 2019 Median Sales Price | Feb. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bedford Heights | 7 | 10 | -30% | $110,500 | $90,750 | 21.8% |
| Parma | 110 | 80 | 37.5% | $108,950 | $100,000 | 9% |
| Brook Park | 23 | 18 | 27.8% | $104,000 | $110,000 | -5.5% |
| Cleveland Heights | 79 | 43 | 83.7% | $84,500 | $64,900 | 30.2% |
| North Randall | 1 | 2 | -50% | $80,000 | $52,400 | 52.7% |
| Oakwood | 5 | 3 | 66.7% | $70,000 | $95,100 | -26.4% |
| Bedford | 19 | 13 | 46.2% | $67,000 | $72,500 | -7.6% |
| Brooklyn | 5 | 7 | -28.6% | $64,000 | $82,750 | -22.7% |
| South Euclid | 58 | 36 | 61.1% | $61,000 | $60,955 | 0.1% |
| Euclid | 91 | 68 | 33.8% | $55,000 | $56,500 | -2.7% |
| Newburgh Heights | 2 | 4 | -50% | $49,333.50 | $43,500 | 13.4% |
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