In February 2021, there were nine homes sold, with a median sale price of $132,000 - a 1.3% decrease over the $133,750 median sale price for the same period of the previous year. There were eight homes sold in Olmsted Falls in February 2020.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 3.2% of the median home sale price for February 2021.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sale prices in February 2021:
| City | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Richmond Heights | 9 | 6 | 50% | $145,000 | $153,500 | -5.5% |
| Parma | 113 | 70 | 61.4% | $145,000 | $114,067.50 | 27.1% |
| Berea | 17 | 11 | 54.5% | $144,680 | $135,000 | 7.2% |
| Brook Park | 17 | 19 | -10.5% | $142,500 | $125,000 | 14% |
| Bedford Heights | 8 | 8 | 0% | $137,750 | $110,212.50 | 25% |
| Olmsted Falls | 9 | 8 | 12.5% | $132,000 | $133,750 | -1.3% |
| Newburgh Heights | 1 | 4 | -75% | $129,500 | $73,750 | 75.6% |
| Cleveland Heights | 58 | 49 | 18.4% | $127,000 | $110,000 | 15.5% |
| Brooklyn | 14 | 7 | 100% | $126,000 | $95,000 | 32.6% |
| Lyndhurst | 23 | 21 | 9.5% | $120,000 | $137,000 | -12.4% |
| South Euclid | 32 | 32 | 0% | $112,200 | $104,150 | 7.7% |
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