In December 2018, there were 54 homes sold, with a median sale price of $141,500 - a 5.4% increase over the $134,250 median sale price for the same period of the previous year. There were 30 homes sold in North Olmsted in December 2017.
The median sales tax in North Olmsted for the most recent year with available data, 2016, was $4,539, approximately 3.2% of the median home sale price for December 2018.
The following table compares North Olmsted to other Cuyahoga County cities with similar median sales prices in December 2018:
City | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Olmsted Township | 6 | 8 | -25% | $164,950 | $191,500 | -13.9% |
Lakewood | 65 | 76 | -14.5% | $150,000 | $139,950 | 7.2% |
Mayfield Heights | 28 | 24 | 16.7% | $149,000 | $133,750 | 11.4% |
University Heights | 26 | 25 | 4% | $149,000 | $125,000 | 19.2% |
Middleburg Heights | 19 | 19 | 0% | $147,500 | $149,500 | -1.3% |
North Olmsted | 54 | 30 | 80% | $141,500 | $134,250 | 5.4% |
Lyndhurst | 23 | 27 | -14.8% | $140,000 | $135,000 | 3.7% |
North Royalton | 31 | 39 | -20.5% | $139,000 | $168,000 | -17.3% |
Fairview Park | 27 | 23 | 17.4% | $135,000 | $151,800 | -11.1% |
Berea | 25 | 23 | 8.7% | $125,000 | $125,000 | 0% |
Cuyahoga Heights | 1 | 0 | - | $125,000 | $0 | - |