In November 2021, there were 95 homes sold, with a median sale price of $165,000 - a 17.9% increase over the $139,900 median sale price for the same period of the previous year. There were 153 homes sold in Parma in November 2020.
The median sales tax in Parma for the most recent year with available data, 2019, was $2,953, approximately 1.8% of the median home sale price for November 2021.
The following table compares Parma to other Cuyahoga County cities with similar median sale prices in November 2021:
| City | Nov. 2021 Home Sales | Nov. 2020 Home Sales | % change (Total Home Sales) | Nov. 2021 Median Sales Price | Nov. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Olmsted Township | 8 | 20 | -60% | $180,000 | $227,500 | -20.9% |
| Berea | 23 | 35 | -34.3% | $170,000 | $175,000 | -2.9% |
| Brook Park | 20 | 26 | -23.1% | $168,000 | $150,000 | 12% |
| Parma Heights | 23 | 36 | -36.1% | $165,000 | $149,950 | 10% |
| Mayfield Heights | 25 | 19 | 31.6% | $165,000 | $162,000 | 1.9% |
| Parma | 95 | 153 | -37.9% | $165,000 | $139,900 | 17.9% |
| Bedford Heights | 7 | 7 | 0% | $162,500 | $114,900 | 41.4% |
| Cuyahoga Heights | 3 | 1 | 200% | $158,000 | $200,000 | -21% |
| Olmsted Falls | 8 | 19 | -57.9% | $150,000 | $180,000 | -16.7% |
| Brooklyn | 11 | 14 | -21.4% | $147,750 | $127,500 | 15.9% |
| Cleveland Heights | 65 | 61 | 6.6% | $140,000 | $135,000 | 3.7% |
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