In January 2018, there were 29 homes sold, with a median sale price of $135,000 - a 18% increase over the $114,450 median sale price for the same period of the previous year. There were 32 homes sold in North Olmsted in January 2017.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 3.4% of the median home sale price for January 2018.
The following table compares North Olmsted 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) |
---|---|---|---|---|---|---|
Shaker Heights | 33 | 35 | -5.7% | $145,000 | $129,900 | 11.6% |
Seven Hills | 10 | 20 | -50% | $141,875 | $160,400 | -11.5% |
Richmond Heights | 10 | 9 | 11.1% | $141,500 | $123,450 | 14.6% |
Lakewood | 80 | 43 | 86% | $141,200 | $157,000 | -10.1% |
Lyndhurst | 21 | 14 | 50% | $137,000 | $113,750 | 20.4% |
North Olmsted | 29 | 32 | -9.4% | $135,000 | $114,450 | 18% |
University Heights | 19 | 21 | -9.5% | $128,500 | $125,000 | 2.8% |
North Royalton | 25 | 24 | 4.2% | $124,485 | $108,375 | 14.9% |
Cuyahoga Heights | 1 | 2 | -50% | $115,000 | $117,500 | -2.1% |
Brook Park | 14 | 13 | 7.7% | $110,700 | $95,000 | 16.5% |
Mayfield Heights | 18 | 14 | 28.6% | $108,500 | $99,000 | 9.6% |