In March 2021, there were 38 homes sold, with a median sale price of $191,000 - a 31.7% increase over the $145,000 median sale price for the same period of the previous year. There were 45 homes sold in North Olmsted in March 2020.
The median sales tax in North Olmsted for the most recent year with available data, 2019, was $4,699, approximately 2.5% of the median home sale price for March 2021.
The following table compares North Olmsted to other Cuyahoga County cities with similar median sale prices in March 2021:
City | Mar. 2021 Home Sales | Mar. 2020 Home Sales | % change (Total Home Sales) | Mar. 2021 Median Sales Price | Mar. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Westlake | 42 | 30 | 40% | $212,250 | $242,000 | -12.3% |
Shaker Heights | 52 | 30 | 73.3% | $210,000 | $163,500 | 28.4% |
Lakewood | 71 | 47 | 51.1% | $202,500 | $208,000 | -2.6% |
Fairview Park | 23 | 11 | 109.1% | $200,000 | $144,000 | 38.9% |
University Heights | 27 | 28 | -3.6% | $194,200 | $182,500 | 6.4% |
North Olmsted | 38 | 45 | -15.6% | $191,000 | $145,000 | 31.7% |
Olmsted Falls | 15 | 15 | 0% | $187,500 | $137,500 | 36.4% |
Lyndhurst | 27 | 23 | 17.4% | $186,000 | $138,000 | 34.8% |
North Royalton | 27 | 33 | -18.2% | $186,000 | $190,000 | -2.1% |
Mayfield Heights | 21 | 15 | 40% | $163,000 | $160,000 | 1.9% |
Berea | 12 | 18 | -33.3% | $161,987.50 | $137,716 | 17.6% |