In February 2019, there were 110 homes sold, with a median sale price of $108,950 - a 9% increase over the $100,000 median sale price for the same period of the previous year. There were 80 homes sold in Parma in February 2018.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 2.6% of the median home sale price for February 2019.
The following table compares Parma 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) |
|---|---|---|---|---|---|---|
| Mayfield Heights | 18 | 16 | 12.5% | $122,250 | $134,500 | -9.1% |
| Richmond Heights | 15 | 6 | 150% | $120,000 | $128,950 | -6.9% |
| North Royalton | 27 | 19 | 42.1% | $119,000 | $183,760 | -35.2% |
| Parma Heights | 25 | 15 | 66.7% | $119,000 | $110,000 | 8.2% |
| 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% |
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