Photo: Nyttend · Public domain322 homes sold in Olmsted Township in the last year, at a typical $267K
Redfin reports Olmsted Township’s sales by ZIP code, so these figures are for ZIP 44138, which takes in Olmsted Township and the area around it. About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Olmsted Township homes are listed.
Every place Olmsted Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Olmsted Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Olmsted Township’s sales are condos, at $126K less than a house
242 houses and 68 condos sold in the year to May 2026. Houses sell faster.
typical sale · 242 sold in 12 months
- Per square foot
- $170OH $165
- Days to sell
- 21
- Sold over asking
- 40%
typical sale · 68 sold in 12 months
- Per square foot
- $141OH $172
- Days to sell
- 34
- Sold over asking
- 39%
About as many homes sell as usual, at 1.9 times the 2016 price
322 sales in the last year, against 459 in 2020 and a low of 253 in 2012. The typical sale went from $140K in 2016 to $267K.
Source: Redfin Data Center, MLS sales; for ZIP 44138, which takes in Olmsted Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Olmsted Township
Check a listing against what Olmsted Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Olmsted Township are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 44138 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 322 sales.
If you’re buying in Olmsted Township
- Shop in April. It brings about 35 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Bid near asking. Buyers paid 99.2% of the list price on average; 40% paid over.
- Move fast on good ones. 56% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 44 a month), but August is the most competitive: 32% of August sales close over asking. April and May offer nearly as much choice with fewer homes bid up (23%). March has the least competition (20%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Ohio
| Olmsted Township now | 2017–19 | 2021 peak | OH now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 40% | 18% | 48% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 56% | 41% | 69% | 47% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 96.6% | 101% | 98.5% |
| Days to sellMedian days from listing to contract | 25 | 50 | 18 | 43 |
42 homes for sale on a typical day
That’s 1.3 times the 2022 low (32), 52% fewer than in 2017–19 and well under 2012’s 200.
Since 2019, houses are up 51%, condos 67%
A house typically sold for $299K in the last year (242 sales), a condo for $172K (68).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 44138, which takes in Olmsted Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Olmsted Township home costs about $1,914 a month
Price: Olmsted Township’s typical sale, last 12 months. Property tax at Olmsted Township’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Olmsted Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. January has the fewest, about 22.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $267K home, about $6,240 a year.
Taxes vs. neighborsSchools
The schools grade for Olmsted Township, from test results, graduation and how much students grow.
Schools in Olmsted TownshipTypical commute
The average one-way trip to work for people who live in Olmsted Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Olmsted Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| North Ridgeville | 575 | $354K | $186 | 44% | 22 |
| Westlake | 432 | $409K | $196 | 33% | 21 |
| North Olmsted | 416 | $279K | $171 | 48% | 15 |
| Olmsted Township (ZIP 44138) | 322 | $267K | $161 | 40% | 25 |
| Berea | 208 | $256K | $170 | 50% | 17 |
| Brook Park | 171 | $231K | $190 | 50% | 13 |
| Olmsted Falls | 160 | $242K | $160 | 46% | 30 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Olmsted Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Olmsted Township. People who follow the town see it, and so do people comparing Olmsted Township with their own town. No commission, no listing fee.
Questions about buying a home in Olmsted Township
What do homes sell for in Olmsted Township, OH?
322 homes sold in the year to May 2026 at a typical $267K, $161 a square foot. Houses sold for about $299K, condos for about $172K.
Is Olmsted Township a buyer’s or seller’s market?
A seller’s market: 38 homes were for sale in May 2026 and 22 sold, about 1.7 months of supply. Buyers paid 99.2% of asking on average.
When is the best time to buy in Olmsted Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Olmsted Township?
About 2.3% of a home’s value a year. On a $267K home that’s near $6,240.
Where can I see homes for sale in Olmsted Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Olmsted Township’s MLS listings; the search links above open each one filtered to Olmsted Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 44138, which takes in Olmsted Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).