From January through December of 2020, there were 132 homes sold, with a median sale price of $217,250 - a 3.5% increase over the $209,950 median sale price for the previous year. There were 154 homes sold in Olmsted Township in 2019.
The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 2.3% of the median home sale price for 2020.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Independence | 76 | 90 | -15.6% | $237,000 | $240,000 | -1.3% |
| Woodmere | 5 | 7 | -28.6% | $235,000 | $180,000 | 30.6% |
| Strongsville | 538 | 675 | -20.3% | $234,000 | $213,000 | 9.9% |
| Broadview Heights | 289 | 297 | -2.7% | $226,000 | $215,000 | 5.1% |
| Walton Hills | 28 | 27 | 3.7% | $222,450 | $200,000 | 11.2% |
| Olmsted Township | 132 | 154 | -14.3% | $217,250 | $209,950 | 3.5% |
| Lakewood | 789 | 996 | -20.8% | $215,000 | $180,000 | 19.4% |
| Shaker Heights | 531 | 588 | -9.7% | $210,000 | $188,360 | 11.5% |
| Seven Hills | 214 | 229 | -6.6% | $208,100 | $185,000 | 12.5% |
| North Royalton | 371 | 433 | -14.3% | $195,000 | $174,000 | 12.1% |
| Fairview Park | 295 | 298 | -1% | $185,500 | $172,750 | 7.4% |
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