In January 2018, there were eight homes sold, with a median sale price of $70,550 - a 10.8% decrease over the $79,100 median sale price for the same period of the previous year. There were 11 homes sold in Olmsted Falls in January 2017.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 6% of the median home sale price for January 2018.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in January 2018:
| City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Parma | 96 | 95 | 1.1% | $94,950 | $92,500 | 2.6% |
| Oakwood | 3 | 4 | -25% | $90,000 | $93,050 | -3.3% |
| Parma Heights | 18 | 14 | 28.6% | $85,250 | $105,500 | -19.2% |
| Brooklyn | 12 | 6 | 100% | $82,550 | $78,500 | 5.2% |
| Bedford Heights | 15 | 7 | 114.3% | $82,000 | $65,750 | 24.7% |
| Olmsted Falls | 8 | 11 | -27.3% | $70,550 | $79,100 | -10.8% |
| Cleveland Heights | 55 | 32 | 71.9% | $67,500 | $86,250 | -21.7% |
| South Euclid | 47 | 31 | 51.6% | $66,500 | $81,500 | -18.4% |
| Bedford | 15 | 17 | -11.8% | $65,000 | $72,000 | -9.7% |
| Euclid | 85 | 67 | 26.9% | $50,000 | $49,000 | 2% |
| Garfield Heights | 45 | 46 | -2.2% | $40,000 | $48,650 | -17.8% |
Alerts Sign-up