In March 2020, there were 15 homes sold, with a median sale price of $137,500 - a 18.2% decrease over the $168,000 median sale price for the same period of the previous year. There were 11 homes sold in Olmsted Falls in March 2019.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 3.1% of the median home sale price for March 2020.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayfield Heights | 15 | 19 | -21.1% | $160,000 | $133,000 | 20.3% |
| Shaker Heights | 31 | 34 | -8.8% | $157,100 | $187,250 | -16.1% |
| North Olmsted | 43 | 46 | -6.5% | $145,000 | $168,950 | -14.2% |
| Lyndhurst | 23 | 29 | -20.7% | $138,000 | $124,250 | 11.1% |
| Berea | 18 | 30 | -40% | $137,716 | $143,500 | -4% |
| Olmsted Falls | 15 | 11 | 36.4% | $137,500 | $168,000 | -18.2% |
| Richmond Heights | 10 | 10 | 0% | $134,000 | $160,600 | -16.6% |
| Brook Park | 26 | 23 | 13% | $126,500 | $125,500 | 0.8% |
| Parma | 82 | 135 | -39.3% | $125,000 | $119,900 | 4.3% |
| Brooklyn | 4 | 15 | -73.3% | $119,735 | $107,000 | 11.9% |
| Parma Heights | 12 | 21 | -42.9% | $116,940 | $90,000 | 29.9% |
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