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West Cleveland News

Sunday, November 17, 2024

North Olmsted median home prices rose by 3.1% in August 2021

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The median sale price of a home sold in August 2021 in North Olmsted rose by $6,000 while total sales decreased by 26.7%, according to BlockShopper.com.

In August 2021, there were 33 homes sold, with a median sale price of $200,000 - a 3.1% increase over the $194,000 median sale price for the same period of the previous year. There were 45 homes sold in North Olmsted in August 2020.

The median sales tax in North Olmsted for the most recent year with available data, 2019, was $4,699, approximately 2.3% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Rocky River2232-31.3%$241,500$283,500-14.8%
Seven Hills1424-41.7%$227,500$187,50021.3%
Middleburg Heights1324-45.8%$220,000$179,50022.6%
Bay Village341-92.7%$220,000$290,000-24.1%
Olmsted Falls12119.1%$215,544.50$140,00054%
North Olmsted3345-26.7%$200,000$194,0003.1%
Olmsted Township612-50%$191,250$254,250-24.8%
Mayfield Heights1728-39.3%$189,000$167,25013%
University Heights2239-43.6%$186,000$167,50011%
Cleveland Heights4193-55.9%$180,000$125,00044%
Shaker Heights3158-46.6%$177,500$178,500-0.6%

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