In January 2018, there were 96 homes sold, with a median sale price of $94,950 - a 2.6% increase over the $92,500 median sale price for the same period of the previous year. There were 95 homes sold in Parma in January 2017.
The median sales tax in Parma for the most recent year with available data, 2016, was $2,835, approximately 3% of the median home sale price for January 2018.
The following table compares Parma to other Cuyahoga County cities with similar median sales prices in January 2018:
| City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cuyahoga Heights | 1 | 2 | -50% | $115,000 | $117,500 | -2.1% |
| Brook Park | 14 | 13 | 7.7% | $110,700 | $95,000 | 16.5% |
| Mayfield Heights | 18 | 14 | 28.6% | $108,500 | $99,000 | 9.6% |
| Valley View | 2 | 1 | 100% | $106,100 | $299,500 | -64.6% |
| Berea | 22 | 13 | 69.2% | $105,500 | $99,000 | 6.6% |
| Parma | 96 | 95 | 1.1% | $94,950 | $92,500 | 2.6% |
| Oakwood | 3 | 4 | -25% | $90,000 | $93,050 | -3.3% |
| Parma Heights | 18 | 14 | 28.6% | $85,250 | $105,500 | -19.2% |
| Brooklyn | 12 | 6 | 100% | $82,550 | $78,500 | 5.2% |
| Bedford Heights | 15 | 7 | 114.3% | $82,000 | $65,750 | 24.7% |
| Olmsted Falls | 8 | 11 | -27.3% | $70,550 | $79,100 | -10.8% |
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