In February 2019, there were nine homes sold, with a median sale price of $129,500 - a 4.1% decrease over the $135,000 median sale price for the same period of the previous year. There were 11 homes sold in Olmsted Falls in February 2018.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 3.3% of the median home sale price for February 2019.
The following table compares Olmsted Falls 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) |
---|---|---|---|---|---|---|
Fairview Park | 22 | 22 | 0% | $142,500 | $138,000 | 3.3% |
Seven Hills | 15 | 15 | 0% | $138,000 | $145,000 | -4.8% |
Cuyahoga Heights | 1 | 1 | 0% | $136,000 | $153,255 | -11.3% |
North Olmsted | 33 | 31 | 6.5% | $133,000 | $103,000 | 29.1% |
Lyndhurst | 18 | 22 | -18.2% | $132,500 | $123,825 | 7% |
Olmsted Falls | 9 | 11 | -18.2% | $129,500 | $135,000 | -4.1% |
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% |