From July through December of 2017, there were 79 homes sold, with a median sale price of $209,900 - a 16.6% increase over the $180,000 median sale price for the same period of the previous year. There were 74 homes sold in Olmsted Township in the second half of 2016.
The median sales tax in Olmsted Township for the most recent year with available data, 2016, was $4,831, approximately 2.3% of the median home sale price for the second half of 2017.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in the second half of 2017:
| City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glenwillow | 6 | 2 | 200% | $236,750 | $317,950 | -25.5% |
| Mayfield | 27 | 32 | -15.6% | $232,000 | $188,500 | 23.1% |
| Bay Village | 180 | 147 | 22.4% | $229,625 | $205,000 | 12% |
| Brecksville | 141 | 110 | 28.2% | $220,000 | $245,170 | -10.3% |
| Rocky River | 224 | 194 | 15.5% | $209,950 | $210,000 | -0% |
| Olmsted Township | 79 | 74 | 6.8% | $209,900 | $180,000 | 16.6% |
| Broadview Heights | 154 | 157 | -1.9% | $208,971 | $191,000 | 9.4% |
| Independence | 44 | 51 | -13.7% | $201,250 | $207,000 | -2.8% |
| Westlake | 299 | 203 | 47.3% | $199,000 | $230,000 | -13.5% |
| Strongsville | 403 | 371 | 8.6% | $187,900 | $179,500 | 4.7% |
| Shaker Heights | 324 | 216 | 50% | $172,490 | $177,000 | -2.5% |
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