In June 2021, there were 15 homes sold, with a median sale price of $165,000. There were 21 homes sold in Olmsted Falls in June 2020, and the median sales price for the period was also $165,000.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.6% of the median home sale price for June 2021.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sale prices in June 2021:
City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lyndhurst | 37 | 26 | 42.3% | $205,000 | $151,095 | 35.7% |
Middleburg Heights | 25 | 17 | 47.1% | $200,000 | $180,000 | 11.1% |
Richmond Heights | 10 | 10 | 0% | $192,250 | $135,100 | 42.3% |
Berea | 15 | 23 | -34.8% | $175,000 | $140,000 | 25% |
Mayfield Heights | 27 | 39 | -30.8% | $174,000 | $158,000 | 10.1% |
Olmsted Falls | 15 | 21 | -28.6% | $165,000 | $165,000 | 0% |
Cleveland Heights | 99 | 87 | 13.8% | $160,000 | $130,000 | 23.1% |
Parma Heights | 13 | 21 | -38.1% | $160,000 | $145,000 | 10.3% |
Brook Park | 17 | 35 | -51.4% | $155,375 | $135,000 | 15.1% |
Parma | 112 | 121 | -7.4% | $151,500 | $135,000 | 12.2% |
South Euclid | 53 | 45 | 17.8% | $144,880 | $120,500 | 20.2% |