From July through December of 2019, there were 90 homes sold, with a median sale price of $141,750 - a 9.7% decrease over the $157,050 median sale price for the same period of the previous year. There were 88 homes sold in Olmsted Falls in the second half of 2018.
The median sales tax in Olmsted Falls for the most recent year with available data, 2016, was $4,246, approximately 3% of the median home sale price for the second half of 2019.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in the second half of 2019:
| City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Olmsted | 268 | 307 | -12.7% | $162,000 | $160,000 | 1.3% |
| Middleburg Heights | 132 | 130 | 1.5% | $157,500 | $148,750 | 5.9% |
| Brooklyn Heights | 19 | 15 | 26.7% | $155,000 | $142,000 | 9.2% |
| University Heights | 119 | 154 | -22.7% | $153,910 | $150,000 | 2.6% |
| Lyndhurst | 171 | 228 | -25% | $145,000 | $138,000 | 5.1% |
| Olmsted Falls | 90 | 88 | 2.3% | $141,750 | $157,050 | -9.7% |
| Berea | 170 | 173 | -1.7% | $140,000 | $140,000 | 0% |
| Richmond Heights | 76 | 88 | -13.6% | $139,000 | $129,950 | 7% |
| Mayfield Heights | 140 | 188 | -25.5% | $135,250 | $141,250 | -4.2% |
| Brook Park | 138 | 188 | -26.6% | $126,100 | $125,000 | 0.9% |
| Parma Heights | 163 | 198 | -17.7% | $124,000 | $118,500 | 4.6% |
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