In August 2018, there were 62 homes sold, with a median sale price of $169,700 - a 17% increase over the $145,000 median sale price for the same period of the previous year. There were 68 homes sold in North Olmsted in August 2017.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 2.7% of the median home sale price for August 2018.
The following table compares North Olmsted to other Cuyahoga County cities with similar median sales prices in August 2018:
City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Broadview Heights | 39 | 31 | 25.8% | $195,000 | $200,000 | -2.5% |
North Royalton | 55 | 49 | 12.2% | $195,000 | $180,000 | 8.3% |
Seven Hills | 23 | 27 | -14.8% | $192,500 | $169,000 | 13.9% |
Westlake | 57 | 61 | -6.6% | $182,000 | $225,000 | -19.1% |
Fairview Park | 36 | 32 | 12.5% | $181,750 | $153,750 | 18.2% |
North Olmsted | 62 | 68 | -8.8% | $169,700 | $145,000 | 17% |
Lakewood | 107 | 107 | 0% | $168,000 | $152,000 | 10.5% |
Olmsted Falls | 19 | 20 | -5% | $165,000 | $143,500 | 15% |
Middleburg Heights | 27 | 51 | -47.1% | $157,000 | $160,000 | -1.9% |
Mayfield Heights | 41 | 30 | 36.7% | $152,000 | $118,750 | 28% |
Richmond Heights | 9 | 19 | -52.6% | $146,000 | $109,000 | 33.9% |