In January 2019, there were three homes sold, with a median sale price of $128,520 - a 42.8% increase over the $90,000 median sale price for the same period of the previous year. There were three homes sold in Oakwood in January 2018, as well.
The median sales tax in Oakwood for the most recent year with available data, 2016, was $3,147, approximately 2.4% of the median home sale price for January 2019.
The following table compares Oakwood to other Cuyahoga County cities with similar median sales prices in January 2019:
City | Jan. 2019 Home Sales | Jan. 2018 Home Sales | % change (Total Home Sales) | Jan. 2019 Median Sales Price | Jan. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Royalton | 29 | 25 | 16% | $142,666 | $124,485 | 14.6% |
Woodmere | 1 | 0 | - | $139,900 | $0 | - |
Berea | 19 | 22 | -13.6% | $133,500 | $105,500 | 26.5% |
Brooklyn Heights | 1 | 0 | - | $133,000 | $0 | - |
Mayfield Heights | 18 | 18 | 0% | $130,250 | $108,500 | 20% |
Oakwood | 3 | 3 | 0% | $128,520 | $90,000 | 42.8% |
University Heights | 16 | 19 | -15.8% | $124,000 | $128,500 | -3.5% |
Lyndhurst | 25 | 21 | 19% | $120,000 | $137,000 | -12.4% |
Brook Park | 19 | 14 | 35.7% | $119,000 | $110,700 | 7.5% |
Parma Heights | 20 | 18 | 11.1% | $118,950 | $85,250 | 39.5% |
North Olmsted | 33 | 29 | 13.8% | $115,900 | $135,000 | -14.1% |