In January 2020, there were three homes sold, with a median sale price of $61,290 - a 72.1% decrease over the $220,000 median sale price for the same period of the previous year. There were five homes sold in Olmsted Township in January 2019.
The median sales tax in Olmsted Township for the most recent year with available data, 2016, was $4,831, approximately 7.9% of the median home sale price for January 2020.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bedford Heights | 9 | 15 | -40% | $80,000 | $102,500 | -22% |
| South Euclid | 37 | 45 | -17.8% | $79,000 | $75,000 | 5.3% |
| Cleveland Heights | 48 | 72 | -33.3% | $74,550 | $95,600 | -22% |
| Bedford | 8 | 14 | -42.9% | $71,750 | $50,150 | 43.1% |
| Brooklyn | 3 | 13 | -76.9% | $62,000 | $83,200 | -25.5% |
| Olmsted Township | 3 | 5 | -40% | $61,290 | $220,000 | -72.1% |
| Garfield Heights | 39 | 70 | -44.3% | $57,800 | $55,000 | 5.1% |
| Euclid | 53 | 67 | -20.9% | $53,100 | $60,000 | -11.5% |
| Warrensville Heights | 7 | 10 | -30% | $52,000 | $61,050 | -14.8% |
| Newburgh Heights | 3 | 3 | 0% | $48,000 | $23,900 | 100.8% |
| Cleveland | 348 | 527 | -34% | $44,000 | $39,000 | 12.8% |
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