From January through December of 2018, there were 173 homes sold, with a median sale price of $150,000 - a 11.5% increase over the $134,500 median sale price for the previous year. There were 196 homes sold in Olmsted Falls in 2017.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 2.8% of the median home sale price for 2018.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 655 | 683 | -4.1% | $173,000 | $167,900 | 3% |
| Fairview Park | 332 | 353 | -5.9% | $169,950 | $154,000 | 10.4% |
| Lakewood | 1,064 | 1,049 | 1.4% | $160,000 | $148,000 | 8.1% |
| Woodmere | 4 | 1 | 300% | $159,450 | $91,108 | 75% |
| North Olmsted | 576 | 619 | -6.9% | $153,500 | $140,000 | 9.6% |
| Olmsted Falls | 173 | 196 | -11.7% | $150,000 | $134,500 | 11.5% |
| Middleburg Heights | 247 | 339 | -27.1% | $149,000 | $148,500 | 0.3% |
| Brooklyn Heights | 22 | 16 | 37.5% | $145,250 | $135,000 | 7.6% |
| University Heights | 325 | 327 | -0.6% | $141,500 | $141,036 | 0.3% |
| Valley View | 14 | 18 | -22.2% | $141,000 | $249,950 | -43.6% |
| Mayfield Heights | 363 | 338 | 7.4% | $135,000 | $129,714 | 4.1% |
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