In July 2017, there were 15 homes sold, with a median sale price of $216,000 - a 14.5% increase over the $188,700 median sale price for the same period of the previous year. There were 14 homes sold in Olmsted Township in July 2016.
The median sales tax in Olmsted Township for the most recent year with available data, 2016, was $4,831, approximately 2.2% of the median home sale price for July 2017.
The following table compares Olmsted Township to other Cuyahoga County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Independence | 5 | 7 | -28.6% | $268,000 | $230,000 | 16.5% |
| Rocky River | 31 | 26 | 19.2% | $250,000 | $201,925 | 23.8% |
| Brecksville | 22 | 16 | 37.5% | $231,950 | $188,000 | 23.4% |
| Seven Hills | 15 | 18 | -16.7% | $220,000 | $147,500 | 49.2% |
| Bay Village | 29 | 23 | 26.1% | $219,000 | $225,000 | -2.7% |
| Olmsted Township | 15 | 14 | 7.1% | $216,000 | $188,700 | 14.5% |
| Broadview Heights | 32 | 21 | 52.4% | $213,500 | $255,000 | -16.3% |
| Mayfield | 10 | 6 | 66.7% | $213,000 | $166,275 | 28.1% |
| Beachwood | 19 | 7 | 171.4% | $210,000 | $235,000 | -10.6% |
| Shaker Heights | 60 | 35 | 71.4% | $191,000 | $185,000 | 3.2% |
| Westlake | 57 | 34 | 67.6% | $187,000 | $229,500 | -18.5% |
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