In August 2020, there were 12 homes sold, with a median sale price of $254,250 - a 36.9% increase over the $185,750 median sale price for the same period of the previous year. There were 20 homes sold in Olmsted Township in August 2019.
The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 2% of the median home sale price for August 2020.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Beachwood | 16 | 28 | -42.9% | $309,375 | $299,000 | 3.5% |
| Bay Village | 41 | 36 | 13.9% | $290,000 | $257,450 | 12.6% |
| Highland Heights | 12 | 12 | 0% | $285,000 | $260,500 | 9.4% |
| Rocky River | 32 | 50 | -36% | $283,500 | $223,950 | 26.6% |
| Westlake | 36 | 44 | -18.2% | $282,500 | $187,500 | 50.7% |
| Olmsted Township | 12 | 20 | -40% | $254,250 | $185,750 | 36.9% |
| North Royalton | 44 | 40 | 10% | $246,500 | $179,500 | 37.3% |
| Independence | 6 | 4 | 50% | $245,500 | $256,950 | -4.5% |
| Strongsville | 50 | 84 | -40.5% | $240,500 | $227,100 | 5.9% |
| Oakwood | 1 | 4 | -75% | $232,500 | $83,500 | 178.4% |
| Mayfield | 3 | 4 | -25% | $230,000 | $174,250 | 32% |
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