In July 2017, there were 68 homes sold, with a median sale price of $137,650 - a 5.1% decrease over the $145,000 median sale price for the same period of the previous year. There were 30 homes sold in North Olmsted in July 2016.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 3.3% of the median home sale price for July 2017.
The following table compares North Olmsted to other Cuyahoga County cities with similar median sales prices in July 2017:
City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lakewood | 90 | 76 | 18.4% | $155,500 | $131,000 | 18.7% |
Fairview Park | 26 | 27 | -3.7% | $152,500 | $169,500 | -10% |
Richmond Heights | 18 | 14 | 28.6% | $150,000 | $100,500 | 49.3% |
Olmsted Falls | 23 | 14 | 64.3% | $148,000 | $115,000 | 28.7% |
University Heights | 29 | 25 | 16% | $142,500 | $144,000 | -1% |
North Olmsted | 68 | 30 | 126.7% | $137,650 | $145,000 | -5.1% |
Glenwillow | 1 | 1 | 0% | $136,000 | $310,900 | -56.3% |
Lyndhurst | 39 | 31 | 25.8% | $133,000 | $126,000 | 5.6% |
Mayfield Heights | 30 | 24 | 25% | $130,500 | $112,292 | 16.2% |
Bedford Heights | 9 | 10 | -10% | $123,000 | $66,000 | 86.4% |
Berea | 28 | 23 | 21.7% | $120,250 | $107,000 | 12.4% |