In August 2021, there were six homes sold, with a median sale price of $191,250 - a 24.8% decrease over the $254,250 median sale price for the same period of the previous year. There were 12 homes sold in Olmsted Township in August 2020.
The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 2.6% of the median home sale price for August 2021.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Seven Hills | 14 | 24 | -41.7% | $227,500 | $187,500 | 21.3% |
| Middleburg Heights | 13 | 24 | -45.8% | $220,000 | $179,500 | 22.6% |
| Bay Village | 3 | 41 | -92.7% | $220,000 | $290,000 | -24.1% |
| Olmsted Falls | 12 | 11 | 9.1% | $215,544.50 | $140,000 | 54% |
| North Olmsted | 33 | 45 | -26.7% | $200,000 | $194,000 | 3.1% |
| Olmsted Township | 6 | 12 | -50% | $191,250 | $254,250 | -24.8% |
| Mayfield Heights | 17 | 28 | -39.3% | $189,000 | $167,250 | 13% |
| University Heights | 22 | 39 | -43.6% | $186,000 | $167,500 | 11% |
| Cleveland Heights | 41 | 93 | -55.9% | $180,000 | $125,000 | 44% |
| Shaker Heights | 31 | 58 | -46.6% | $177,500 | $178,500 | -0.6% |
| North Royalton | 21 | 44 | -52.3% | $176,220 | $246,500 | -28.5% |
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