In November 2020, there were 152 homes sold, with a median sale price of $139,950 - a 16.6% increase over the $120,000 median sale price for the same period of the previous year. There were 64 homes sold in Parma in November 2019.
The median sales tax in Parma for the most recent year with available data, 2019, was $2,953, approximately 2.1% of the median home sale price for November 2020.
The following table compares Parma to other Cuyahoga County cities with similar median sales prices in November 2020:
| City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brook Park | 26 | 13 | 100% | $150,000 | $99,900 | 50.2% |
| Parma Heights | 36 | 6 | 500% | $149,950 | $119,650 | 25.3% |
| Lyndhurst | 33 | 21 | 57.1% | $146,000 | $139,900 | 4.4% |
| Brooklyn Heights | 1 | 3 | -66.7% | $144,500 | $155,000 | -6.8% |
| Richmond Heights | 16 | 10 | 60% | $143,000 | $137,000 | 4.4% |
| Parma | 152 | 64 | 137.5% | $139,949.50 | $120,000 | 16.6% |
| Cleveland Heights | 61 | 43 | 41.9% | $135,000 | $124,900 | 8.1% |
| Brooklyn | 14 | 10 | 40% | $127,500 | $108,000 | 18.1% |
| North Randall | 1 | 1 | 0% | $121,000 | $68,500 | 76.6% |
| Woodmere | 1 | 0 | - | $115,000 | $0 | - |
| South Euclid | 55 | 27 | 103.7% | $115,000 | $94,500 | 21.7% |
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