In January 2019, there were 75 homes sold, with a median sale price of $175,000 - a 23.9% increase over the $141,200 median sale price for the same period of the previous year. There were 80 homes sold in Lakewood in January 2018.
The median sales tax in Lakewood for the most recent year with available data, 2016, was $4,511, approximately 2.6% of the median home sale price for January 2019.
The following table compares Lakewood 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) |
|---|---|---|---|---|---|---|
| Brecksville | 10 | 12 | -16.7% | $216,000 | $183,157.50 | 17.9% |
| Westlake | 30 | 41 | -26.8% | $209,000 | $243,500 | -14.2% |
| Bay Village | 22 | 19 | 15.8% | $194,250 | $208,000 | -6.6% |
| Seven Hills | 11 | 10 | 10% | $185,000 | $141,875 | 30.4% |
| Bratenahl | 3 | 3 | 0% | $177,500 | $193,000 | -8% |
| 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% |
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