In July 2021, there were 11 homes sold, with a median sale price of $180,000 - a 14.8% increase over the $156,750 median sale price for the same period of the previous year. There were 16 homes sold in Olmsted Falls in July 2020.
The median sales tax in Olmsted Falls for the most recent year with available data, 2019, was $4,256, approximately 2.4% of the median home sale price for July 2021.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sale prices in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| University Heights | 25 | 29 | -13.8% | $195,000 | $177,000 | 10.2% |
| Middleburg Heights | 15 | 27 | -44.4% | $195,000 | $185,000 | 5.4% |
| Lyndhurst | 35 | 39 | -10.3% | $193,500 | $154,000 | 25.6% |
| Mayfield Heights | 24 | 21 | 14.3% | $181,000 | $155,500 | 16.4% |
| Valley View | 1 | 0 | - | $180,000 | $0 | - |
| Olmsted Falls | 11 | 16 | -31.3% | $180,000 | $156,750 | 14.8% |
| Cleveland Heights | 66 | 88 | -25% | $176,250 | $140,000 | 25.9% |
| North Olmsted | 40 | 42 | -4.8% | $172,495 | $176,000 | -2% |
| Parma Heights | 30 | 39 | -23.1% | $172,000 | $133,850 | 28.5% |
| Parma | 106 | 120 | -11.7% | $168,250 | $140,000 | 20.2% |
| Bedford Heights | 5 | 2 | 150% | $163,000 | $105,000 | 55.2% |
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