In December 2017, there were 142 homes sold, with a median sale price of $94,500 - a 11.8% increase over the $84,500 median sale price for the same period of the previous year. There were 123 homes sold in Parma in December 2016.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 3% of the median home sale price for December 2017.
The following table compares Parma to other Cuyahoga County cities with similar median sales prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| University Heights | 25 | 24 | 4.2% | $125,000 | $127,450 | -1.9% |
| Berea | 23 | 23 | 0% | $125,000 | $99,900 | 25.1% |
| Olmsted Falls | 11 | 16 | -31.3% | $119,500 | $137,780.50 | -13.3% |
| Parma Heights | 26 | 23 | 13% | $104,450 | $90,000 | 16.1% |
| Brook Park | 29 | 23 | 26.1% | $102,000 | $109,900 | -7.2% |
| Parma | 142 | 123 | 15.4% | $94,500 | $84,500 | 11.8% |
| Cleveland Heights | 75 | 78 | -3.8% | $94,000 | $69,200 | 35.8% |
| Brooklyn | 10 | 12 | -16.7% | $87,400 | $47,527.50 | 83.9% |
| South Euclid | 53 | 41 | 29.3% | $85,000 | $72,500 | 17.2% |
| Brooklyn Heights | 1 | 3 | -66.7% | $63,000 | $112,000 | -43.8% |
| Bedford Heights | 5 | 6 | -16.7% | $60,000 | $55,485 | 8.1% |
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