In September 2017, there were 18 homes sold, with a median sale price of $115,000 - a 15.4% decrease over the $136,000 median sale price for the same period of the previous year. There were 19 homes sold in Olmsted Falls in September 2016.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 3.7% of the median home sale price for September 2017.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayfield Heights | 34 | 27 | 25.9% | $124,000 | $122,500 | 1.2% |
| Brook Park | 36 | 29 | 24.1% | $121,500 | $88,000 | 38.1% |
| Parma Heights | 38 | 33 | 15.2% | $120,100 | $96,000 | 25.1% |
| Berea | 31 | 20 | 55% | $117,000 | $105,000 | 11.4% |
| Lyndhurst | 28 | 39 | -28.2% | $116,500 | $101,500 | 14.8% |
| Olmsted Falls | 18 | 19 | -5.3% | $115,000 | $136,000 | -15.4% |
| Parma | 151 | 123 | 22.8% | $105,000 | $92,500 | 13.5% |
| Richmond Heights | 11 | 15 | -26.7% | $100,000 | $115,000 | -13% |
| Brooklyn | 15 | 9 | 66.7% | $97,400 | $87,700 | 11.1% |
| Cleveland Heights | 86 | 64 | 34.4% | $92,000 | $71,500 | 28.7% |
| Bedford Heights | 9 | 2 | 350% | $87,200 | $85,850 | 1.6% |
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