In June 2018, there were 21 homes sold, with a median sale price of $169,000 - a 111.3% increase over the $80,000 median sale price for the same period of the previous year. There were 19 homes sold in Olmsted Falls in June 2017.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.5% of the median home sale price for June 2018.
The following table compares Olmsted Falls 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) |
---|---|---|---|---|---|---|
Brecksville | 31 | 26 | 19.2% | $199,000 | $264,500 | -24.8% |
Seven Hills | 29 | 14 | 107.1% | $191,500 | $163,250 | 17.3% |
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% |