In December 2017, there were 76 homes sold, with a median sale price of $139,950 - a 2.3% decrease over the $143,200 median sale price for the same period of the previous year. There were 87 homes sold in Lakewood in December 2016.
The median sales tax in Lakewood for the most recent year with available data, 2016, was $4,511, approximately 3.2% of the median home sale price for December 2017.
The following table compares Lakewood 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) |
|---|---|---|---|---|---|---|
| North Royalton | 39 | 24 | 62.5% | $168,000 | $94,615 | 77.6% |
| Independence | 7 | 9 | -22.2% | $166,000 | $189,900 | -12.6% |
| Seven Hills | 16 | 18 | -11.1% | $156,950 | $152,000 | 3.3% |
| Fairview Park | 23 | 30 | -23.3% | $151,800 | $128,500 | 18.1% |
| Middleburg Heights | 19 | 14 | 35.7% | $149,500 | $137,250 | 8.9% |
| Lakewood | 76 | 87 | -12.6% | $139,950 | $143,200 | -2.3% |
| Lyndhurst | 27 | 17 | 58.8% | $135,000 | $140,000 | -3.6% |
| North Olmsted | 30 | 40 | -25% | $134,250 | $131,000 | 2.5% |
| Mayfield Heights | 24 | 23 | 4.3% | $133,750 | $109,000 | 22.7% |
| Richmond Heights | 11 | 9 | 22.2% | $132,000 | $118,000 | 11.9% |
| Oakwood | 2 | 5 | -60% | $127,500 | $212,000 | -39.9% |
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