From April through June of 2018, there were 13 homes sold, with a median sale price of $104,900 - a 49.5% increase over the $70,155 median sale price for the same period of the previous year. There were six homes sold in Oakwood in the second quarter of 2017.
The median sales tax in Oakwood for the most recent year with available data, 2016, was $3,147, approximately 3% of the median home sale price for the second quarter of 2018.
The following table compares Oakwood to other Cuyahoga County cities with similar median sales prices in the second quarter of 2018:
City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Brook Park | 100 | 77 | 29.9% | $125,000 | $99,000 | 26.3% |
Parma Heights | 100 | 81 | 23.5% | $119,000 | $110,000 | 8.2% |
Cuyahoga Heights | 9 | 3 | 200% | $115,000 | $107,000 | 7.5% |
Parma | 433 | 331 | 30.8% | $114,500 | $104,640 | 9.4% |
Cleveland Heights | 315 | 232 | 35.8% | $108,000 | $99,625 | 8.4% |
Oakwood | 13 | 6 | 116.7% | $104,900 | $70,154.50 | 49.5% |
Bedford Heights | 36 | 21 | 71.4% | $101,250 | $51,000 | 98.5% |
Brooklyn | 47 | 48 | -2.1% | $87,000 | $94,500 | -7.9% |
South Euclid | 155 | 132 | 17.4% | $82,000 | $65,750 | 24.7% |
Bedford | 60 | 53 | 13.2% | $71,768.50 | $73,000 | -1.7% |
Euclid | 273 | 222 | 23% | $60,000 | $55,000 | 9.1% |