In December 2021, there were five homes sold, with a median sale price of $180,000 - a 12% increase over the $160,750 median sale price for the same period of the previous year. There were 16 homes sold in Olmsted Falls in December 2020.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.4% of the median home sale price for December 2021.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Olmsted | 17 | 41 | -58.5% | $220,000 | $172,000 | 27.9% |
| Fairview Park | 11 | 34 | -67.6% | $205,000 | $185,500 | 10.5% |
| Westlake | 21 | 28 | -25% | $196,000 | $214,750 | -8.7% |
| Lyndhurst | 16 | 37 | -56.8% | $195,750 | $155,000 | 26.3% |
| Mayfield Heights | 14 | 33 | -57.6% | $184,800 | $150,000 | 23.2% |
| Olmsted Falls | 5 | 16 | -68.8% | $180,000 | $160,750 | 12% |
| Berea | 11 | 28 | -60.7% | $173,500 | $135,000 | 28.5% |
| Cleveland Heights | 32 | 68 | -52.9% | $171,000 | $123,000 | 39% |
| Brooklyn | 9 | 13 | -30.8% | $170,000 | $114,330 | 48.7% |
| Parma Heights | 18 | 19 | -5.3% | $156,700 | $152,000 | 3.1% |
| Parma | 79 | 107 | -26.2% | $155,000 | $145,900 | 6.2% |
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