In January 2022, there were eight homes sold, with a median sale price of $170,000 - a 17.2% increase over the $145,050 median sale price for the same period of the previous year. There were 12 homes sold in Olmsted Falls in January 2021.
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 January 2022.
The following table compares Olmsted Falls 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) |
|---|---|---|---|---|---|---|
| Richmond Heights | 6 | 11 | -45.5% | $179,600 | $215,000 | -16.5% |
| Brook Park | 13 | 15 | -13.3% | $175,000 | $125,500 | 39.4% |
| Mayfield Heights | 10 | 34 | -70.6% | $175,000 | $148,750 | 17.6% |
| Middleburg Heights | 16 | 19 | -15.8% | $172,500 | $185,000 | -6.8% |
| 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% |
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