From April through June of 2020, there were 132 homes sold, with a median sale price of $176,200 - a 12.9% increase over the $156,000 median sale price for the same period of the previous year. There were 151 homes sold in North Olmsted in the second quarter of 2019.
The median sales tax in North Olmsted for the most recent year with available data, 2019, was $4,699, approximately 2.7% of the median home sale price for the second quarter of 2020.
The following table compares North Olmsted 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) |
|---|---|---|---|---|---|---|
| Brooklyn Heights | 8 | 7 | 14.3% | $201,500 | $148,000 | 36.1% |
| Lakewood | 211 | 296 | -28.7% | $195,000 | $180,000 | 8.3% |
| 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% |
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