In April 2021, there were 16 homes sold, with a median sale price of $169,000 - a 6.1% decrease over the $180,000 median sale price for the same period of the previous year. There were 17 homes sold in Olmsted Falls in April 2020.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.5% of the median home sale price for April 2021.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sale prices in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Seven Hills | 20 | 21 | -4.8% | $200,200 | $215,000 | -6.9% |
| Middleburg Heights | 17 | 22 | -22.7% | $192,000 | $133,950 | 43.3% |
| North Olmsted | 49 | 39 | 25.6% | $190,000 | $177,400 | 7.1% |
| Berea | 23 | 22 | 4.5% | $187,500 | $169,250 | 10.8% |
| North Royalton | 38 | 30 | 26.7% | $177,400 | $161,500 | 9.8% |
| Olmsted Falls | 16 | 17 | -5.9% | $169,000 | $180,000 | -6.1% |
| Lyndhurst | 24 | 26 | -7.7% | $165,000 | $154,000 | 7.1% |
| Mayfield Heights | 42 | 22 | 90.9% | $156,500 | $133,250 | 17.4% |
| Richmond Heights | 10 | 14 | -28.6% | $156,000 | $132,500 | 17.7% |
| Bratenahl | 3 | 3 | 0% | $155,000 | $127,500 | 21.6% |
| Parma Heights | 25 | 19 | 31.6% | $150,000 | $140,000 | 7.1% |
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