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In July 2017, there were 23 homes sold, with a median sale price of $148,000 - a 28.7% increase over the $115,000 median sale price for the same period of the previous year. There were 14 homes sold in Olmsted Falls in July 2016.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.9% of the median home sale price for July 2017.
The following table compares Olmsted Falls 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) |
|---|---|---|---|---|---|---|
| Middleburg Heights | 35 | 26 | 34.6% | $164,900 | $131,850 | 25.1% |
| Walton Hills | 4 | 4 | 0% | $157,770.50 | $239,750 | -34.2% |
| 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% |
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