In August 2018, there were 40 homes sold, with a median sale price of $118,000 - a 12.9% increase over the $104,500 median sale price for the same period of the previous year. There were 48 homes sold in Parma Heights in August 2017.
The median sales tax in Parma Heights for the most recent year with available data, 2016, was $3,063, approximately 2.6% of the median home sale price for August 2018.
The following table compares Parma Heights to other Cuyahoga County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| University Heights | 32 | 32 | 0% | $140,350 | $155,000 | -9.5% |
| Lyndhurst | 51 | 44 | 15.9% | $138,500 | $114,000 | 21.5% |
| Oakwood | 6 | 10 | -40% | $137,500 | $96,313 | 42.8% |
| Berea | 43 | 37 | 16.2% | $131,700 | $121,600 | 8.3% |
| Brook Park | 30 | 32 | -6.3% | $124,950 | $124,750 | 0.2% |
| Parma Heights | 40 | 48 | -16.7% | $118,000 | $104,500 | 12.9% |
| Parma | 157 | 152 | 3.3% | $112,250 | $112,250 | 0% |
| Cleveland Heights | 105 | 94 | 11.7% | $109,000 | $90,000 | 21.1% |
| Bedford Heights | 9 | 15 | -40% | $107,500 | $92,100 | 16.7% |
| Brooklyn | 19 | 17 | 11.8% | $106,000 | $80,000 | 32.5% |
| South Euclid | 51 | 71 | -28.2% | $96,500 | $92,000 | 4.9% |
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