From October through December of 2019, there were 108 homes sold, with a median sale price of $156,825 - a 5.3% increase over the $148,950 median sale price for the same period of the previous year. There were 144 homes sold in North Olmsted in the fourth quarter of 2018.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 2.9% of the median home sale price for the fourth quarter of 2019.
The following table compares North Olmsted to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2019:
City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Royalton | 81 | 97 | -16.5% | $173,000 | $163,400 | 5.9% |
Broadview Heights | 64 | 64 | 0% | $172,250 | $192,500 | -10.5% |
Shaker Heights | 107 | 154 | -30.5% | $166,425 | $164,619 | 1.1% |
Fairview Park | 68 | 79 | -13.9% | $165,000 | $156,000 | 5.8% |
Middleburg Heights | 61 | 58 | 5.2% | $164,500 | $147,250 | 11.7% |
North Olmsted | 108 | 144 | -25% | $156,825 | $148,950 | 5.3% |
Berea | 62 | 76 | -18.4% | $147,000 | $141,700 | 3.7% |
Olmsted Falls | 29 | 39 | -25.6% | $146,000 | $142,000 | 2.8% |
Richmond Heights | 37 | 47 | -21.3% | $144,000 | $129,900 | 10.9% |
Mayfield Heights | 51 | 81 | -37% | $141,566 | $130,000 | 8.9% |
Lyndhurst | 68 | 89 | -23.6% | $139,950 | $140,000 | -0% |