From January through June of 2020, there were 53 homes sold, with a median sale price of $197,000 - a 7.7% decrease over the $213,500 median sale price for the same period of the previous year. There were 78 homes sold in Olmsted Township in the first half of 2019.
The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 2.5% of the median home sale price for the first half of 2020.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in the first half of 2020:
| City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cuyahoga Heights | 1 | 3 | -66.7% | $228,000 | $136,000 | 67.6% |
| Strongsville | 221 | 353 | -37.4% | $217,500 | $198,500 | 9.6% |
| Mayfield | 21 | 25 | -16% | $215,700 | $225,000 | -4.1% |
| Shaker Heights | 238 | 308 | -22.7% | $210,250 | $196,750 | 6.9% |
| Walton Hills | 11 | 9 | 22.2% | $200,000 | $209,900 | -4.7% |
| Olmsted Township | 53 | 78 | -32.1% | $197,000 | $213,500 | -7.7% |
| Lakewood | 335 | 537 | -37.6% | $195,000 | $176,900 | 10.2% |
| Seven Hills | 93 | 115 | -19.1% | $194,000 | $185,000 | 4.9% |
| Independence | 32 | 44 | -27.3% | $191,900 | $258,000 | -25.6% |
| Brooklyn Heights | 9 | 9 | 0% | $185,000 | $148,000 | 25% |
| Fairview Park | 114 | 150 | -24% | $179,500 | $162,500 | 10.5% |
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