From April through June of 2020, there were 49 homes sold, with a median sale price of $165,000. There were 59 homes sold in Olmsted Falls in the second quarter of 2019, and the median sales price for the period was also $165,000.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.6% of the median home sale price for the second quarter of 2020.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in the second quarter of 2020:
| City | Apr. - June 2020 Home Sales | Apr. - June 2019 Home Sales | % change (Total Home Sales) | Apr. - June 2020 Median Sales Price | Apr. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fairview Park | 73 | 94 | -22.3% | $184,900 | $165,000 | 12.1% |
| North Royalton | 99 | 137 | -27.7% | $183,750 | $197,500 | -7% |
| Independence | 20 | 29 | -31% | $183,000 | $240,000 | -23.8% |
| North Olmsted | 132 | 151 | -12.6% | $176,200 | $156,000 | 12.9% |
| University Heights | 95 | 128 | -25.8% | $174,900 | $160,750 | 8.8% |
| Olmsted Falls | 49 | 59 | -16.9% | $165,000 | $165,000 | 0% |
| Oakwood | 10 | 6 | 66.7% | $162,000 | $114,950 | 40.9% |
| Middleburg Heights | 51 | 86 | -40.7% | $159,850 | $164,000 | -2.5% |
| Mayfield Heights | 79 | 105 | -24.8% | $155,000 | $145,000 | 6.9% |
| Lyndhurst | 79 | 137 | -42.3% | $153,290 | $145,000 | 5.7% |
| Berea | 66 | 105 | -37.1% | $145,100 | $138,000 | 5.1% |
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