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West Cleveland News

Sunday, November 17, 2024

Rising home prices in Olmsted Township in June 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in June 2021 in Olmsted Township rose by $36,550 while total sales decreased by 10%, according to BlockShopper.com.

In June 2021, there were nine homes sold, with a median sale price of $276,000 - a 15.3% increase over the $239,450 median sale price for the same period of the previous year. There were 10 homes sold in Olmsted Township in June 2020.

The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 1.8% of the median home sale price for June 2021.

The following table compares Olmsted Township to other Cuyahoga County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Strongsville45442.3%$304,900$240,50026.8%
Broadview Heights34326.3%$297,500$235,00026.6%
Mayfield35-40%$280,000$175,00060%
Shaker Heights676011.7%$278,750$240,00016.1%
Bay Village272317.4%$276,000$209,50031.7%
Olmsted Township910-10%$276,000$239,45015.3%
Walton Hills3250%$260,000$204,95026.9%
Lakewood7588-14.8%$245,000$207,00018.4%
Fairview Park2935-17.1%$235,000$197,50019%
North Royalton2536-30.6%$232,000$189,00022.8%
Valley View21100%$231,750$175,00032.4%

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