In August 2018, there were 157 homes sold, with a median sale price of $112,250. There were 152 homes sold in Parma in August 2017, and the median sales price for the period was also $112,250.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 2.5% of the median home sale price for August 2018.
The following table compares Parma 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) |
|---|---|---|---|---|---|---|
| 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% |
| Bedford | 17 | 32 | -46.9% | $87,000 | $64,000 | 35.9% |
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