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Sunday, November 17, 2024

June 2021: North Olmsted experienced a 9.1% increase in median home prices

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The median sale price of a home sold in June 2021 in North Olmsted rose by $17,500 while total sales remained unchanged with 47 homes sold, according to BlockShopper.com.

In June 2021, there were 47 homes sold, with a median sale price of $209,000 - a 9.1% increase over the $191,500 median sale price for the same period of the previous year. There were 47 homes sold in North Olmsted in June 2020, as well.

The median sales tax in North Olmsted for the most recent year with available data, 2019, was $4,699, approximately 2.2% of the median home sale price for June 2021.

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

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
North Royalton2536-30.6%$232,000$189,00022.8%
Valley View21100%$231,750$175,00032.4%
Woodmere30-$230,000$0-
Seven Hills1518-16.7%$215,000$199,9507.5%
University Heights4041-2.4%$212,500$179,90018.1%
North Olmsted47470%$209,000$191,5009.1%
Lyndhurst372642.3%$205,000$151,09535.7%
Middleburg Heights251747.1%$200,000$180,00011.1%
Richmond Heights10100%$192,250$135,10042.3%
Berea1523-34.8%$175,000$140,00025%
Mayfield Heights2739-30.8%$174,000$158,00010.1%

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