Adobe Stock
Adobe Stock
From October through December of 2017, there were seven homes sold, with a median sale price of $132,000 - a 7.4% decrease over the $142,500 median sale price for the same period of the previous year. There were 15 homes sold in Oakwood in the fourth quarter of 2016.
The median sales tax in Oakwood for the most recent year with available data, 2016, was $3,147, approximately 2.4% of the median home sale price for the fourth quarter of 2017.
The following table compares Oakwood to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Middleburg Heights | 69 | 52 | 32.7% | $150,000 | $141,750 | 5.8% |
| Lakewood | 239 | 240 | -0.4% | $149,000 | $141,000 | 5.7% |
| North Olmsted | 127 | 127 | 0% | $141,000 | $125,800 | 12.1% |
| Richmond Heights | 34 | 39 | -12.8% | $136,000 | $115,000 | 18.3% |
| Mayfield Heights | 77 | 65 | 18.5% | $134,500 | $109,697 | 22.6% |
| Oakwood | 7 | 15 | -53.3% | $132,000 | $142,500 | -7.4% |
| Lyndhurst | 88 | 69 | 27.5% | $131,250 | $127,000 | 3.3% |
| Olmsted Falls | 43 | 58 | -25.9% | $130,000 | $125,450 | 3.6% |
| University Heights | 59 | 73 | -19.2% | $125,000 | $119,500 | 4.6% |
| Berea | 69 | 76 | -9.2% | $124,000 | $115,000 | 7.8% |
| Parma Heights | 77 | 75 | 2.7% | $115,000 | $104,400 | 10.2% |
Alerts Sign-up