In June 2021, there were 112 homes sold, with a median sale price of $151,500 - a 12.2% increase over the $135,000 median sale price for the same period of the previous year. There were 121 homes sold in Parma in June 2020.
The median sales tax in Parma for the most recent year with available data, 2019, was $2,953, approximately 1.9% of the median home sale price for June 2021.
The following table compares Parma to other Cuyahoga County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayfield Heights | 27 | 39 | -30.8% | $174,000 | $158,000 | 10.1% |
| Olmsted Falls | 15 | 21 | -28.6% | $165,000 | $165,000 | 0% |
| Cleveland Heights | 99 | 87 | 13.8% | $160,000 | $130,000 | 23.1% |
| Parma Heights | 13 | 21 | -38.1% | $160,000 | $145,000 | 10.3% |
| Brook Park | 17 | 35 | -51.4% | $155,375 | $135,000 | 15.1% |
| Parma | 112 | 121 | -7.4% | $151,500 | $135,000 | 12.2% |
| South Euclid | 53 | 45 | 17.8% | $144,880 | $120,500 | 20.2% |
| Brooklyn | 12 | 15 | -20% | $135,250 | $121,000 | 11.8% |
| Oakwood | 4 | 3 | 33.3% | $133,000 | $174,000 | -23.6% |
| Bedford Heights | 7 | 7 | 0% | $125,000 | $99,000 | 26.3% |
| Bedford | 17 | 8 | 112.5% | $120,000 | $91,700 | 30.9% |
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