In July 2018, there were 14 homes sold, with a median sale price of $194,950 - a 31.7% increase over the $148,000 median sale price for the same period of the previous year. There were 23 homes sold in Olmsted Falls in July 2017.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.2% of the median home sale price for July 2018.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in July 2018:
| City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Walton Hills | 4 | 4 | 0% | $218,125 | $157,770.50 | 38.3% |
| Strongsville | 80 | 67 | 19.4% | $215,000 | $184,900 | 16.3% |
| Bratenahl | 2 | 2 | 0% | $209,500 | $300,000 | -30.2% |
| Chagrin Falls | 9 | 9 | 0% | $200,000 | $300,000 | -33.3% |
| Shaker Heights | 59 | 60 | -1.7% | $195,000 | $191,000 | 2.1% |
| Olmsted Falls | 14 | 23 | -39.1% | $194,950 | $148,000 | 31.7% |
| North Royalton | 48 | 46 | 4.3% | $185,000 | $182,250 | 1.5% |
| Seven Hills | 20 | 15 | 33.3% | $177,500 | $220,000 | -19.3% |
| Oakwood | 4 | 5 | -20% | $169,500 | $179,000 | -5.3% |
| Lakewood | 95 | 90 | 5.6% | $167,350 | $155,500 | 7.6% |
| Valley View | 3 | 7 | -57.1% | $167,000 | $276,000 | -39.5% |
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