In March 2021, there were 122 homes sold, with a median sale price of $150,000 - a 20% increase over the $125,000 median sale price for the same period of the previous year. There were 83 homes sold in Parma in March 2020.
The median sales tax in Parma for the most recent year with available data, 2019, was $2,953, approximately 2% of the median home sale price for March 2021.
The following table compares Parma to other Cuyahoga County cities with similar median sale prices in March 2021:
| City | Mar. 2021 Home Sales | Mar. 2020 Home Sales | % change (Total Home Sales) | Mar. 2021 Median Sales Price | Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayfield Heights | 21 | 15 | 40% | $163,000 | $160,000 | 1.9% |
| Berea | 12 | 18 | -33.3% | $161,987.50 | $137,716 | 17.6% |
| Parma Heights | 27 | 12 | 125% | $157,000 | $116,940 | 34.3% |
| Rocky River | 22 | 18 | 22.2% | $155,750 | $210,000 | -25.8% |
| North Randall | 1 | 2 | -50% | $155,000 | $79,117 | 95.9% |
| Parma | 122 | 83 | 47% | $150,000 | $125,000 | 20% |
| Brook Park | 26 | 27 | -3.7% | $148,500 | $125,000 | 18.8% |
| Middleburg Heights | 21 | 11 | 90.9% | $145,000 | $200,000 | -27.5% |
| Cuyahoga Heights | 1 | 1 | 0% | $145,000 | $228,000 | -36.4% |
| Broadview Heights | 27 | 17 | 58.8% | $145,000 | $296,000 | -51% |
| Richmond Heights | 12 | 10 | 20% | $142,500 | $134,000 | 6.3% |
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