From January through December of 2021, there were 36 homes sold, with a median sale price of $162,000 - a 18% increase over the $137,300 median sale price for the previous year. There were 28 homes sold in Oakwood in 2020.
The median sales tax in Oakwood for the most recent year with available data, 2019, was $3,139, approximately 1.9% of the median home sale price for 2021.
The following table compares Oakwood to other Cuyahoga County cities with similar median sale prices in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lyndhurst | 355 | 322 | 10.2% | $175,500 | $152,450 | 15.1% |
| Olmsted Falls | 172 | 168 | 2.4% | $175,000 | $161,000 | 8.7% |
| Richmond Heights | 139 | 129 | 7.8% | $172,000 | $145,900 | 17.9% |
| Berea | 256 | 265 | -3.4% | $172,000 | $148,100 | 16.1% |
| Mayfield Heights | 343 | 275 | 24.7% | $165,000 | $156,000 | 5.8% |
| Oakwood | 36 | 28 | 28.6% | $162,000 | $137,300 | 18% |
| Parma Heights | 294 | 272 | 8.1% | $159,500 | $140,000 | 13.9% |
| Brook Park | 286 | 273 | 4.8% | $155,000 | $140,000 | 10.7% |
| Parma | 1,358 | 1,240 | 9.5% | $152,000 | $135,000 | 12.6% |
| Cuyahoga Heights | 4 | 5 | -20% | $151,500 | $185,500 | -18.3% |
| Cleveland Heights | 875 | 816 | 7.2% | $150,000 | $126,750 | 18.3% |
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