In June 2018, there were 19 homes sold, with a median sale price of $169,000 - a 21.4% decrease over the $215,000 median sale price for the same period of the previous year. There were 13 homes sold in Olmsted Township in June 2017.
The median sales tax in Olmsted Township for the most recent year with available data, 2016, was $4,831, approximately 2.9% of the median home sale price for June 2018.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in June 2018:
City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Seven Hills | 29 | 14 | 107.1% | $191,500 | $163,250 | 17.3% |
Shaker Heights | 78 | 87 | -10.3% | $184,375 | $195,000 | -5.4% |
Brooklyn Heights | 2 | 2 | 0% | $178,500 | $136,000 | 31.3% |
Fairview Park | 34 | 26 | 30.8% | $174,950 | $181,500 | -3.6% |
Olmsted Falls | 21 | 19 | 10.5% | $169,000 | $80,000 | 111.3% |
Olmsted Township | 19 | 13 | 46.2% | $169,000 | $215,000 | -21.4% |
Lakewood | 107 | 82 | 30.5% | $168,900 | $145,000 | 16.5% |
North Royalton | 41 | 43 | -4.7% | $164,500 | $135,000 | 21.9% |
Walton Hills | 1 | 2 | -50% | $161,000 | $211,250 | -23.8% |
Lyndhurst | 47 | 41 | 14.6% | $148,000 | $147,000 | 0.7% |
North Olmsted | 57 | 54 | 5.6% | $145,000 | $129,500 | 12% |