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Sunday, November 17, 2024

Elyria 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 Elyria rose by $12,200 while total sales increased by 49.5%, according to BlockShopper.com.

From July through September of 2019, there were 302 homes sold, with a median sale price of $99,950 - a 13.9% increase over the $87,750 median sale price for the same period of the previous year. There were 202 homes sold in Elyria in the third quarter of 2018.

The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 1.8% of the median home sale price for the third quarter of 2019.

The following table compares Elyria 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)
Brentwood Lake31200%$142,500$118,50020.3%
Sheffield Lake594434.1%$124,000$108,95013.8%
South Amherst105100%$120,250$160,000-24.8%
Laporte20-$116,250$0-
Pheasant Run135160%$105,000$61,80069.9%
Elyria30220249.5%$99,950$87,75013.9%
Eaton Estates79-22.2%$89,900$98,000-8.3%
Lorain32220954.1%$63,900$68,500-6.7%
Coonville12-50%$59,100$115,000-48.6%
Penfield Junction21100%$48,326$69,000-30%
Vincent13-66.7%$7,500$60,800-87.7%

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