In August 2019, there were 31 homes sold, with a median sale price of $129,000 - a 9.3% increase over the $118,000 median sale price for the same period of the previous year. There were 40 homes sold in Parma Heights in August 2018.
The median sales tax in Parma Heights for the most recent year with available data, 2016, was $3,063, approximately 2.4% of the median home sale price for August 2019.
The following table compares Parma Heights to other Cuyahoga County cities with similar median sales prices in August 2019:
City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Middleburg Heights | 20 | 27 | -25.9% | $152,000 | $157,000 | -3.2% |
Lyndhurst | 34 | 51 | -33.3% | $149,450 | $138,500 | 7.9% |
Richmond Heights | 17 | 9 | 88.9% | $140,000 | $146,000 | -4.1% |
Olmsted Falls | 16 | 19 | -15.8% | $135,750 | $165,000 | -17.7% |
Berea | 43 | 43 | 0% | $131,000 | $131,700 | -0.5% |
Parma Heights | 31 | 40 | -22.5% | $129,000 | $118,000 | 9.3% |
Brook Park | 31 | 30 | 3.3% | $126,300 | $124,950 | 1.1% |
Parma | 164 | 157 | 4.5% | $125,000 | $112,250 | 11.4% |
Mayfield Heights | 30 | 41 | -26.8% | $122,500 | $152,000 | -19.4% |
Brooklyn | 19 | 19 | 0% | $116,500 | $106,000 | 9.9% |
Oakwood | 5 | 6 | -16.7% | $107,000 | $137,500 | -22.2% |