In January 2022, there were 59 homes sold, with a median sale price of $154,900 - a 13.1% increase over the $137,000 median sale price for the same period of the previous year. There were 108 homes sold in Parma in January 2021.
The median sales tax in Parma for the most recent year with available data, 2019, was $2,953, approximately 1.9% of the median home sale price for January 2022.
The following table compares Parma to other Cuyahoga County cities with similar median sale prices in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Parma Heights | 14 | 19 | -26.3% | $172,500 | $148,000 | 16.6% |
| Olmsted Falls | 8 | 12 | -33.3% | $170,000 | $145,050 | 17.2% |
| Berea | 13 | 44 | -70.5% | $170,000 | $162,500 | 4.6% |
| University Heights | 7 | 28 | -75% | $156,000 | $184,000 | -15.2% |
| North Olmsted | 31 | 34 | -8.8% | $155,000 | $167,250 | -7.3% |
| Parma | 59 | 108 | -45.4% | $154,900 | $137,000 | 13.1% |
| Cleveland Heights | 40 | 64 | -37.5% | $139,750 | $116,328 | 20.1% |
| South Euclid | 25 | 50 | -50% | $119,900 | $120,000 | -0.1% |
| Brooklyn | 6 | 9 | -33.3% | $108,500 | $149,500 | -27.4% |
| Euclid | 35 | 76 | -53.9% | $105,000 | $77,100 | 36.2% |
| Newburgh Heights | 2 | 2 | 0% | $99,750 | $56,250 | 77.3% |
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