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West Cleveland News

Sunday, November 17, 2024

Olmsted Falls home prices rise in November 2020

Realestate1

The median sale price of a home sold in November 2020 in Olmsted Falls rose by $18,450 while total sales increased by 375%, according to BlockShopper.com.

In November 2020, there were 19 homes sold, with a median sale price of $180,000 - a 11.4% increase over the $161,550 median sale price for the same period of the previous year. There were four homes sold in Olmsted Falls in November 2019.

The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.4% of the median home sale price for November 2020.

The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Seven Hills219133.3%$220,000$203,0008.4%
Highland Heights126100%$210,950$321,250-34.3%
Fairview Park2512108.3%$210,000$196,2007%
Broadview Heights191346.2%$205,000$170,00020.6%
Cuyahoga Heights10-$200,000$0-
Olmsted Falls194375%$180,000$161,55011.4%
Middleburg Heights281764.7%$179,000$149,00020.1%
North Olmsted522979.3%$176,000$152,10015.7%
Berea3511218.2%$175,000$140,10024.9%
Valley View21100%$174,450$225,000-22.5%
Oakwood24-50%$173,750$256,000-32.1%

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