In October 2019, there were 12 homes sold, with a median sale price of $175,500 - a 18.5% decrease over the $215,450 median sale price for the same period of the previous year. There were 12 homes sold in Olmsted Township in October 2018, as well.
The median sales tax in Olmsted Township for the most recent year with available data, 2016, was $4,831, approximately 2.8% of the median home sale price for October 2019.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 42 | 57 | -26.3% | $189,950 | $155,000 | 22.5% |
| Lakewood | 95 | 98 | -3.1% | $189,000 | $158,250 | 19.4% |
| Bratenahl | 4 | 8 | -50% | $186,250 | $190,000 | -2% |
| Chagrin Falls | 10 | 13 | -23.1% | $184,500 | $277,200 | -33.4% |
| Broadview Heights | 42 | 19 | 121.1% | $180,000 | $164,900 | 9.2% |
| Olmsted Township | 12 | 12 | 0% | $175,500 | $215,450 | -18.5% |
| Middleburg Heights | 29 | 18 | 61.1% | $175,000 | $136,250 | 28.4% |
| North Olmsted | 56 | 56 | 0% | $169,000 | $152,450 | 10.9% |
| Fairview Park | 33 | 26 | 26.9% | $165,000 | $152,500 | 8.2% |
| Richmond Heights | 17 | 14 | 21.4% | $148,500 | $124,950 | 18.8% |
| Berea | 38 | 25 | 52% | $147,750 | $148,000 | -0.2% |
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