In January 2019, there were 11 homes sold, with a median sale price of $147,500 - a 109.1% increase over the $70,550 median sale price for the same period of the previous year. There were eight homes sold in Olmsted Falls in January 2018.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.9% of the median home sale price for January 2019.
The following table compares Olmsted Falls 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) |
---|---|---|---|---|---|---|
Lakewood | 75 | 80 | -6.3% | $175,000 | $141,200 | 23.9% |
Strongsville | 33 | 42 | -21.4% | $169,000 | $188,500 | -10.3% |
Middleburg Heights | 17 | 11 | 54.5% | $167,000 | $150,000 | 11.3% |
Shaker Heights | 42 | 33 | 27.3% | $155,525 | $145,000 | 7.3% |
Valley View | 2 | 2 | 0% | $154,466.50 | $106,100 | 45.6% |
Olmsted Falls | 11 | 8 | 37.5% | $147,500 | $70,550 | 109.1% |
Fairview Park | 10 | 20 | -50% | $146,000 | $161,500 | -9.6% |
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 | - |