In September 2021, there were 102 homes sold, with a median sale price of $241,500 - a 1.9% increase over the $237,000 median sale price for the same period of the previous year. There were 64 homes sold in Lakewood in September 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 September 2021.
The following table compares Lakewood to other Cuyahoga County cities with similar median sale prices in September 2021:
| City | Sept. 2021 Home Sales | Sept. 2020 Home Sales | % change (Total Home Sales) | Sept. 2021 Median Sales Price | Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brecksville | 19 | 10 | 90% | $275,000 | $248,125 | 10.8% |
| Solon | 28 | 31 | -9.7% | $261,000 | $300,000 | -13% |
| Westlake | 44 | 30 | 46.7% | $259,000 | $265,500 | -2.4% |
| Seven Hills | 29 | 23 | 26.1% | $250,000 | $217,000 | 15.2% |
| Shaker Heights | 35 | 47 | -25.5% | $245,000 | $192,291 | 27.4% |
| Lakewood | 102 | 64 | 59.4% | $241,500 | $237,000 | 1.9% |
| Richmond Heights | 11 | 19 | -42.1% | $234,000 | $180,000 | 30% |
| Olmsted Township | 10 | 14 | -28.6% | $229,950 | $251,250 | -8.5% |
| Fairview Park | 34 | 24 | 41.7% | $211,250 | $187,000 | 13% |
| University Heights | 27 | 13 | 107.7% | $210,000 | $211,000 | -0.5% |
| North Olmsted | 50 | 35 | 42.9% | $195,500 | $179,900 | 8.7% |
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