In September 2018, there were 88 homes sold, with a median sale price of $158,500 - a 7.5% increase over the $147,500 median sale price for the same period of the previous year. There were 95 homes sold in Lakewood in September 2017.
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 September 2018.
The following table compares Lakewood to other Cuyahoga County cities with similar median sales prices in September 2018:
| City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Olmsted Township | 8 | 13 | -38.5% | $189,950 | $220,000 | -13.7% |
| Fairview Park | 28 | 34 | -17.6% | $172,000 | $148,850 | 15.6% |
| North Olmsted | 55 | 58 | -5.2% | $165,000 | $163,000 | 1.2% |
| University Heights | 21 | 31 | -32.3% | $160,000 | $133,500 | 19.9% |
| Middleburg Heights | 21 | 31 | -32.3% | $160,000 | $142,000 | 12.7% |
| Lakewood | 88 | 95 | -7.4% | $158,500 | $147,500 | 7.5% |
| Shaker Heights | 37 | 61 | -39.3% | $155,000 | $172,000 | -9.9% |
| Olmsted Falls | 16 | 18 | -11.1% | $152,750 | $115,000 | 32.8% |
| Berea | 26 | 31 | -16.1% | $149,950 | $117,000 | 28.2% |
| Mayfield Heights | 30 | 34 | -11.8% | $148,250 | $124,000 | 19.6% |
| Brooklyn Heights | 3 | 2 | 50% | $142,000 | $177,500 | -20% |
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