In February 2017, there were nine homes sold, with a median sale price of $69,000 - a 3.5% increase over the $66,667 median sale price for the same period of the previous year. There were seven homes sold in Olmsted Township in February 2016.
The median sales tax in Olmsted Township for the most recent year with available data, 2016, was $4,831, approximately 7% of the median home sale price for February 2017.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Parma | 79 | 68 | 16.2% | $79,500 | $77,500 | 2.6% |
| Newburgh Heights | 1 | 0 | - | $79,300 | $0 | - |
| Bedford Heights | 5 | 3 | 66.7% | $77,000 | $86,000 | -10.5% |
| Brooklyn | 9 | 3 | 200% | $76,000 | $61,000 | 24.6% |
| Bedford | 9 | 10 | -10% | $72,200 | $69,250 | 4.3% |
| Olmsted Township | 9 | 7 | 28.6% | $69,000 | $66,667 | 3.5% |
| Cleveland Heights | 41 | 47 | -12.8% | $64,000 | $55,000 | 16.4% |
| Mayfield | 2 | 1 | 100% | $60,750 | $330,100 | -81.6% |
| Euclid | 42 | 69 | -39.1% | $54,167 | $35,000 | 54.8% |
| South Euclid | 32 | 38 | -15.8% | $53,000 | $55,125 | -3.9% |
| Garfield Heights | 34 | 46 | -26.1% | $40,775 | $35,000 | 16.5% |
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