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Sunday, November 17, 2024

April 2021: North Olmsted experienced a 7.1% increase in median home prices

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The median sale price of a home sold in April 2021 in North Olmsted rose by $12,600 while total sales increased by 25.6%, according to BlockShopper.com.

In April 2021, there were 49 homes sold, with a median sale price of $190,000 - a 7.1% increase over the $177,400 median sale price for the same period of the previous year. There were 39 homes sold in North Olmsted in April 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 April 2021.

The following table compares North Olmsted to other Cuyahoga County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Independence67-14.3%$222,500$181,50022.6%
Walton Hills40-$212,000$0-
Broadview Heights261844.4%$210,000$277,500-24.3%
Seven Hills2021-4.8%$200,200$215,000-6.9%
Middleburg Heights1722-22.7%$192,000$133,95043.3%
North Olmsted493925.6%$190,000$177,4007.1%
Berea23224.5%$187,500$169,25010.8%
North Royalton383026.7%$177,400$161,5009.8%
Olmsted Falls1617-5.9%$169,000$180,000-6.1%
Lyndhurst2426-7.7%$165,000$154,0007.1%
Mayfield Heights422290.9%$156,500$133,25017.4%

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