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In September 2019, there were 78 homes sold, with a median sale price of $174,250 - a 9.9% increase over the $158,500 median sale price for the same period of the previous year. There were 88 homes sold in Lakewood in September 2018.
The median sales tax in Lakewood for the most recent year with available data, 2016, was $4,511, approximately 2.6% of the median home sale price for September 2019.
The following table compares Lakewood to other Cuyahoga County cities with similar median sales prices in September 2019:
| City | Sept. 2019 Home Sales | Sept. 2018 Home Sales | % change (Total Home Sales) | Sept. 2019 Median Sales Price | Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Olmsted Township | 13 | 8 | 62.5% | $219,000 | $189,950 | 15.3% |
| Highland Heights | 14 | 4 | 250% | $216,150 | $379,050 | -43% |
| Strongsville | 61 | 60 | 1.7% | $213,000 | $205,000 | 3.9% |
| Fairview Park | 24 | 28 | -14.3% | $194,750 | $172,000 | 13.2% |
| Seven Hills | 24 | 17 | 41.2% | $183,375 | $193,000 | -5% |
| Lakewood | 78 | 88 | -11.4% | $174,250 | $158,500 | 9.9% |
| North Olmsted | 52 | 55 | -5.5% | $170,000 | $165,000 | 3% |
| Shaker Heights | 55 | 37 | 48.6% | $169,000 | $155,000 | 9% |
| Mayfield | 7 | 1 | 600% | $168,000 | $200,000 | -16% |
| Olmsted Falls | 18 | 16 | 12.5% | $165,971 | $152,750 | 8.7% |
| Middleburg Heights | 25 | 21 | 19% | $162,000 | $160,000 | 1.3% |
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