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Sunday, November 17, 2024

Pricing for the median home in North Olmsted increased during November 2021

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The median sale price of a home sold in November 2021 in North Olmsted rose by $24,000 while total sales decreased by 35.2%, according to BlockShopper.com.

In November 2021, there were 35 homes sold, with a median sale price of $200,000 - a 13.6% increase over the $176,000 median sale price for the same period of the previous year. There were 54 homes sold in North Olmsted in November 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 November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Independence311-72.7%$250,000$225,00011.1%
Lakewood5873-20.5%$240,000$225,0006.7%
North Royalton2841-31.7%$230,000$220,5004.3%
Fairview Park27258%$210,000$210,0000%
Shaker Heights38372.7%$205,000$230,000-10.9%
North Olmsted3554-35.2%$200,000$176,00013.6%
Middleburg Heights31303.3%$200,000$179,00011.7%
Oakwood52150%$195,000$173,75012.2%
University Heights20195.3%$190,000$155,00022.6%
Lyndhurst2433-27.3%$190,000$146,00030.1%
Richmond Heights1416-12.5%$182,500$143,00027.6%

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