In June 2018, there were 107 homes sold, with a median sale price of $168,900 - a 16.5% increase over the $145,000 median sale price for the same period of the previous year. There were 82 homes sold in Lakewood in June 2017.
The median sales tax in Lakewood for the most recent year with available data, 2016, was $4,511, approximately 2.7% of the median home sale price for June 2018.
The following table compares Lakewood to other Cuyahoga County cities with similar median sales prices in June 2018:
| City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 78 | 87 | -10.3% | $184,375 | $195,000 | -5.4% |
| Brooklyn Heights | 2 | 2 | 0% | $178,500 | $136,000 | 31.3% |
| Fairview Park | 34 | 26 | 30.8% | $174,950 | $181,500 | -3.6% |
| Olmsted Falls | 21 | 19 | 10.5% | $169,000 | $80,000 | 111.3% |
| Olmsted Township | 19 | 13 | 46.2% | $169,000 | $215,000 | -21.4% |
| Lakewood | 107 | 82 | 30.5% | $168,900 | $145,000 | 16.5% |
| North Royalton | 41 | 43 | -4.7% | $164,500 | $135,000 | 21.9% |
| Walton Hills | 1 | 2 | -50% | $161,000 | $211,250 | -23.8% |
| Lyndhurst | 47 | 41 | 14.6% | $148,000 | $147,000 | 0.7% |
| North Olmsted | 57 | 54 | 5.6% | $145,000 | $129,500 | 12% |
| University Heights | 51 | 46 | 10.9% | $143,000 | $160,750 | -11% |
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