In November 2021, there were eight homes sold, with a median sale price of $180,000 - a 20.9% decrease over the $227,500 median sale price for the same period of the previous year. There were 20 homes sold in Olmsted Township in November 2020.
The median sales tax in Olmsted Township for the most recent year with available data, 2019, was $4,974, approximately 2.8% of the median home sale price for November 2021.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sale prices in November 2021:
| City | Nov. 2021 Home Sales | Nov. 2020 Home Sales | % change (Total Home Sales) | Nov. 2021 Median Sales Price | Nov. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oakwood | 5 | 2 | 150% | $195,000 | $173,750 | 12.2% |
| University Heights | 20 | 19 | 5.3% | $190,000 | $155,000 | 22.6% |
| Lyndhurst | 24 | 33 | -27.3% | $190,000 | $146,000 | 30.1% |
| Richmond Heights | 14 | 16 | -12.5% | $182,500 | $143,000 | 27.6% |
| Brooklyn Heights | 2 | 1 | 100% | $182,450 | $144,500 | 26.3% |
| Olmsted Township | 8 | 20 | -60% | $180,000 | $227,500 | -20.9% |
| Berea | 23 | 35 | -34.3% | $170,000 | $175,000 | -2.9% |
| Brook Park | 20 | 26 | -23.1% | $168,000 | $150,000 | 12% |
| Parma Heights | 23 | 36 | -36.1% | $165,000 | $149,950 | 10% |
| Mayfield Heights | 25 | 19 | 31.6% | $165,000 | $162,000 | 1.9% |
| Parma | 95 | 153 | -37.9% | $165,000 | $139,900 | 17.9% |
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