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In February 2018, there were 11 homes sold, with a median sale price of $135,000 - a 6.9% decrease over the $145,000 median sale price for the same period of the previous year. There were six homes sold in Olmsted Falls in February 2017.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 3.1% of the median home sale price for February 2018.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in February 2018:
| City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Middleburg Heights | 12 | 7 | 71.4% | $149,000 | $115,000 | 29.6% |
| Walton Hills | 2 | 2 | 0% | $147,950 | $175,250 | -15.6% |
| Seven Hills | 15 | 9 | 66.7% | $145,000 | $145,000 | 0% |
| Shaker Heights | 43 | 26 | 65.4% | $139,000 | $96,950 | 43.4% |
| Fairview Park | 22 | 10 | 120% | $138,000 | $120,500 | 14.5% |
| Olmsted Falls | 11 | 6 | 83.3% | $135,000 | $145,000 | -6.9% |
| Mayfield Heights | 16 | 8 | 100% | $134,500 | $155,000 | -13.2% |
| Richmond Heights | 6 | 8 | -25% | $128,950 | $87,450 | 47.5% |
| Lyndhurst | 22 | 18 | 22.2% | $123,825 | $97,250 | 27.3% |
| University Heights | 24 | 7 | 242.9% | $114,500 | $133,000 | -13.9% |
| Bratenahl | 2 | 2 | 0% | $111,000 | $144,250 | -23.1% |
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