In December 2019, there were six homes sold, with a median sale price of $150,250 - a 56.5% increase over the $96,000 median sale price for the same period of the previous year. There were 13 homes sold in Olmsted Falls in December 2018.
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 December 2019.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in December 2019:
| City | Dec. 2019 Home Sales | Dec. 2018 Home Sales | % change (Total Home Sales) | Dec. 2019 Median Sales Price | Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Independence | 3 | 8 | -62.5% | $168,000 | $243,450 | -31% |
| Chagrin Falls | 4 | 4 | 0% | $167,500 | $182,500 | -8.2% |
| Broadview Heights | 9 | 22 | -59.1% | $167,500 | $212,500 | -21.2% |
| Seven Hills | 12 | 13 | -7.7% | $162,950 | $182,000 | -10.5% |
| Westlake | 13 | 43 | -69.8% | $156,000 | $243,000 | -35.8% |
| Olmsted Falls | 6 | 13 | -53.8% | $150,250 | $96,000 | 56.5% |
| Mayfield Heights | 15 | 28 | -46.4% | $150,000 | $149,000 | 0.7% |
| Berea | 13 | 25 | -48% | $150,000 | $125,000 | 20% |
| Middleburg Heights | 15 | 19 | -21.1% | $150,000 | $147,500 | 1.7% |
| Fairview Park | 23 | 27 | -14.8% | $150,000 | $135,000 | 11.1% |
| North Royalton | 18 | 31 | -41.9% | $148,700 | $139,000 | 7% |
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