From January through December of 2021, there were 172 homes sold, with a median sale price of $175,000 - a 8.7% increase over the $161,000 median sale price for the previous year. There were 168 homes sold in Olmsted Falls in 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 2021.
The following table compares Olmsted Falls to other Cuyahoga County cities with similar median sale prices in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brooklyn Heights | 16 | 20 | -20% | $201,200 | $172,450 | 16.7% |
| University Heights | 322 | 280 | 15% | $198,950 | $171,000 | 16.3% |
| Middleburg Heights | 250 | 219 | 14.2% | $191,000 | $180,000 | 6.1% |
| North Olmsted | 480 | 477 | 0.6% | $190,000 | $168,600 | 12.7% |
| Lyndhurst | 355 | 322 | 10.2% | $175,500 | $152,450 | 15.1% |
| Olmsted Falls | 172 | 168 | 2.4% | $175,000 | $161,000 | 8.7% |
| Richmond Heights | 139 | 129 | 7.8% | $172,000 | $145,900 | 17.9% |
| Berea | 256 | 265 | -3.4% | $172,000 | $148,100 | 16.1% |
| Mayfield Heights | 343 | 275 | 24.7% | $165,000 | $156,000 | 5.8% |
| Oakwood | 36 | 28 | 28.6% | $162,000 | $137,300 | 18% |
| Parma Heights | 294 | 272 | 8.1% | $159,500 | $140,000 | 13.9% |
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