In April 2021, there were 84 homes sold, with a median sale price of $239,000 - a 25.8% increase over the $189,999 median sale price for the same period of the previous year. There were 79 homes sold in Lakewood in April 2020.
The median sales tax in Lakewood for the most recent year with available data, 2019, was $4,988, approximately 2.1% of the median home sale price for April 2021.
The following table compares Lakewood to other Cuyahoga County cities with similar median sale prices in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rocky River | 38 | 24 | 58.3% | $286,500 | $265,400 | 8% |
| Westlake | 30 | 38 | -21.1% | $262,500 | $253,000 | 3.8% |
| Strongsville | 51 | 38 | 34.2% | $251,000 | $218,500 | 14.9% |
| Mayfield | 6 | 3 | 100% | $247,500 | $355,000 | -30.3% |
| Shaker Heights | 55 | 53 | 3.8% | $240,000 | $210,000 | 14.3% |
| Lakewood | 84 | 79 | 6.3% | $239,000 | $189,999 | 25.8% |
| Olmsted Township | 9 | 12 | -25% | $235,000 | $241,000 | -2.5% |
| Fairview Park | 20 | 16 | 25% | $230,000 | $171,000 | 34.5% |
| University Heights | 28 | 33 | -15.2% | $223,500 | $165,000 | 35.5% |
| Independence | 6 | 7 | -14.3% | $222,500 | $181,500 | 22.6% |
| Walton Hills | 4 | 0 | - | $212,000 | $0 | - |
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