In March 2021, there were three homes sold, with a median sale price of $229,000 - a 568.6% increase over the $34,250 median sale price for the same period of the previous year. There were two homes sold in Oakwood in March 2020.
The median sales tax in Oakwood for the most recent year with available data, 2019, was $3,139, approximately 1.4% of the median home sale price for March 2021.
The following table compares Oakwood 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) |
|---|---|---|---|---|---|---|
| Highland Heights | 18 | 7 | 157.1% | $302,500 | $277,400 | 9% |
| Independence | 5 | 5 | 0% | $280,000 | $351,000 | -20.2% |
| Mayfield | 6 | 5 | 20% | $280,000 | $178,000 | 57.3% |
| Bay Village | 17 | 21 | -19% | $255,000 | $295,000 | -13.6% |
| Strongsville | 50 | 43 | 16.3% | $234,500 | $222,500 | 5.4% |
| Oakwood | 3 | 2 | 50% | $229,000 | $34,250 | 568.6% |
| Walton Hills | 1 | 2 | -50% | $225,000 | $207,500 | 8.4% |
| Seven Hills | 11 | 14 | -21.4% | $221,500 | $189,450 | 16.9% |
| Olmsted Township | 12 | 13 | -7.7% | $216,500 | $217,000 | -0.2% |
| Westlake | 42 | 30 | 40% | $212,250 | $242,000 | -12.3% |
| Shaker Heights | 52 | 30 | 73.3% | $210,000 | $163,500 | 28.4% |
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