The median sale price of a home sold in October 2020 in Parma Heights rose by $38,450 while total sales decreased by 41.7%, according to BlockShopper.com.
In October 2020, there were 14 homes sold, with a median sale price of $147,450 - a 35.3% increase over the $109,000 median sale price for the same period of the previous year. There were 24 homes sold in Parma Heights in October 2019.
The median sales tax in Parma Heights for the most recent year with available data, 2019, was $3,224, approximately 2.2% of the median home sale price for October 2020.
The following table compares Parma Heights to other Cuyahoga County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Berea | 17 | 38 | -55.3% | $168,000 | $147,750 | 13.7% |
| Lyndhurst | 26 | 32 | -18.8% | $166,500 | $139,950 | 19% |
| North Olmsted | 32 | 56 | -42.9% | $165,000 | $169,000 | -2.4% |
| Richmond Heights | 5 | 17 | -70.6% | $155,000 | $148,500 | 4.4% |
| Mayfield Heights | 27 | 24 | 12.5% | $150,000 | $134,250 | 11.7% |
| Parma Heights | 14 | 24 | -41.7% | $147,450 | $109,000 | 35.3% |
| Olmsted Falls | 8 | 19 | -57.9% | $146,000 | $123,000 | 18.7% |
| Parma | 70 | 133 | -47.4% | $141,000 | $120,000 | 17.5% |
| Brook Park | 12 | 26 | -53.8% | $141,000 | $122,250 | 15.3% |
| Cleveland Heights | 47 | 79 | -40.5% | $139,900 | $105,000 | 33.2% |
| Brooklyn | 14 | 12 | 16.7% | $132,750 | $109,000 | 21.8% |
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