In February 2019, there were 85 homes sold, with a median sale price of $163,000 - a 4.1% decrease over the $170,000 median sale price for the same period of the previous year. There were 67 homes sold in Lakewood in February 2018.
The median sales tax in Lakewood for the most recent year with available data, 2016, was $4,511, approximately 2.8% of the median home sale price for February 2019.
The following table compares Lakewood 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) |
|---|---|---|---|---|---|---|
| Rocky River | 15 | 19 | -21.1% | $190,000 | $197,500 | -3.8% |
| Mayfield | 2 | 3 | -33.3% | $180,000 | $216,000 | -16.7% |
| Westlake | 34 | 28 | 21.4% | $176,000 | $270,550 | -34.9% |
| Shaker Heights | 30 | 43 | -30.2% | $167,550 | $139,000 | 20.5% |
| Middleburg Heights | 21 | 12 | 75% | $167,000 | $149,000 | 12.1% |
| Lakewood | 85 | 67 | 26.9% | $163,000 | $170,000 | -4.1% |
| University Heights | 12 | 24 | -50% | $153,450 | $114,500 | 34% |
| Berea | 18 | 12 | 50% | $145,000 | $102,700 | 41.2% |
| 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% |
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