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Sunday, November 17, 2024

Avon Lake home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Avon Lake rose by $5,500 while total sales increased by 63.1%, according to BlockShopper.com.

From July through September of 2019, there were 137 homes sold, with a median sale price of $243,000 - a 2.3% increase over the $237,500 median sale price for the same period of the previous year. There were 84 homes sold in Avon Lake in the third quarter of 2018.

The median sales tax in Avon Lake for the most recent year with available data, 2018, was $4,256, approximately 1.8% of the median home sale price for the third quarter of 2019.

The following table compares Avon Lake to other Lorain County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Avon1267665.8%$317,000$287,00010.5%
Columbia Station462491.7%$285,000$230,00023.9%
Avon Lake1378463.1%$243,000$237,5002.3%
Sheffield211631.3%$224,000$256,199.50-12.6%
LaGrange199111.1%$210,000$169,00024.3%
North Ridgeville19515426.6%$181,900$178,5001.9%
Vermilion353016.7%$178,000$144,90022.8%
Amherst11356101.8%$173,000$155,00011.6%
Oberlin422850%$171,500$144,50018.7%
Grafton473342.4%$157,500$141,54011.3%
Wellington392839.3%$144,000$143,4500.4%

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