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West Cleveland News

Monday, November 18, 2024

Avon Lake home prices rise in June 2020

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The median sale price of a home sold in June 2020 in Avon Lake rose by $65,750 while total sales decreased by 9.6%, according to BlockShopper.com.

In June 2020, there were 47 homes sold, with a median sale price of $285,000 - a 30% increase over the $219,250 median sale price for the same period of the previous year. There were 52 homes sold in Avon Lake in June 2019.

The median sales tax in Avon Lake for the most recent year with available data, 2018, was $4,256, approximately 1.5% of the median home sale price for June 2020.

The following table compares Avon Lake to other Lorain County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Avon474211.9%$294,000$320,000-8.1%
Avon Lake4752-9.6%$285,000$219,25030%
Grafton9812.5%$239,000$182,50031%
Sheffield36-50%$230,000$150,00053.3%
Columbia Station1013-23.1%$226,000$211,0007.1%
Vermilion710-30%$225,000$111,000102.7%
Amherst221915.8%$216,500$157,00037.9%
Wellington914-35.7%$215,000$152,00041.4%
North Ridgeville5081-38.3%$214,750$191,00012.4%
Pheasant Run16-83.3%$179,000$124,95043.3%
Oberlin913-30.8%$170,000$190,000-10.5%

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