In February 2021, there were seven homes sold, with a median sale price of $239,900 - a 33.4% increase over the $179,900 median sale price for the same period of the previous year. There were five homes sold in Olmsted Township in February 2020.
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 February 2021.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sale prices in February 2021:
| City | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Broadview Heights | 17 | 18 | -5.6% | $275,000 | $260,000 | 5.8% |
| Independence | 6 | 6 | 0% | $261,550 | $296,250 | -11.7% |
| Brecksville | 14 | 11 | 27.3% | $260,000 | $285,000 | -8.8% |
| Brooklyn Heights | 2 | 0 | - | $260,000 | $0 | - |
| Walton Hills | 4 | 1 | 300% | $245,000 | $160,000 | 53.1% |
| Olmsted Township | 7 | 5 | 40% | $239,900 | $179,900 | 33.4% |
| Bay Village | 11 | 14 | -21.4% | $237,000 | $186,682 | 27% |
| Seven Hills | 11 | 12 | -8.3% | $231,000 | $175,000 | 32% |
| Highland Heights | 13 | 8 | 62.5% | $228,500 | $250,000 | -8.6% |
| Strongsville | 36 | 30 | 20% | $222,612.50 | $204,250 | 9% |
| Beachwood | 5 | 10 | -50% | $200,000 | $304,000 | -34.2% |
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