In November 2020, there were 18 homes sold, with a median sale price of $239,500 - a 63.5% increase over the $146,500 median sale price for the same period of the previous year. There were six homes sold in Olmsted Township in November 2019.
The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 2.1% of the median home sale price for November 2020.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in November 2020:
| City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Solon | 22 | 12 | 83.3% | $275,750 | $235,500 | 17.1% |
| Brecksville | 20 | 12 | 66.7% | $263,750 | $215,000 | 22.7% |
| Rocky River | 34 | 23 | 47.8% | $261,000 | $208,000 | 25.5% |
| Bay Village | 26 | 15 | 73.3% | $260,000 | $225,000 | 15.6% |
| Strongsville | 68 | 36 | 88.9% | $245,000 | $205,000 | 19.5% |
| Olmsted Township | 18 | 6 | 200% | $239,500 | $146,500 | 63.5% |
| Westlake | 43 | 25 | 72% | $238,000 | $210,000 | 13.3% |
| Shaker Heights | 36 | 32 | 12.5% | $228,750 | $128,000 | 78.7% |
| Lakewood | 72 | 45 | 60% | $226,250 | $183,500 | 23.3% |
| Independence | 11 | 11 | 0% | $225,000 | $214,000 | 5.1% |
| Walton Hills | 2 | 3 | -33.3% | $222,500 | $145,000 | 53.4% |
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