In September 2020, there were 14 homes sold, with a median sale price of $193,500 - a 16.6% increase over the $165,971 median sale price for the same period of the previous year. There were 18 homes sold in Olmsted Falls in September 2019.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.2% of the median home sale price for September 2020.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Middleburg Heights | 13 | 25 | -48% | $220,814 | $162,000 | 36.3% |
| Seven Hills | 23 | 24 | -4.2% | $217,000 | $183,375 | 18.3% |
| University Heights | 13 | 19 | -31.6% | $211,000 | $139,900 | 50.8% |
| Oakwood | 1 | 2 | -50% | $210,000 | $145,250 | 44.6% |
| North Royalton | 30 | 49 | -38.8% | $205,375 | $152,000 | 35.1% |
| Olmsted Falls | 14 | 18 | -22.2% | $193,500 | $165,971 | 16.6% |
| Shaker Heights | 45 | 55 | -18.2% | $189,900 | $169,000 | 12.4% |
| Fairview Park | 24 | 24 | 0% | $187,000 | $194,750 | -4% |
| North Olmsted | 31 | 52 | -40.4% | $179,900 | $170,000 | 5.8% |
| Bedford Heights | 8 | 11 | -27.3% | $165,250 | $89,000 | 85.7% |
| Mayfield Heights | 19 | 28 | -32.1% | $165,000 | $136,500 | 20.9% |
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