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Monday, November 18, 2024

North Ridgeville home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in North Ridgeville rose by $29,000 while total sales decreased by 41.1%, according to BlockShopper.com.

From April through June of 2020, there were 136 homes sold, with a median sale price of $220,000 - a 15.2% increase over the $191,000 median sale price for the same period of the previous year. There were 231 homes sold in North Ridgeville in the second quarter of 2019.

The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 1.4% of the median home sale price for the second quarter of 2020.

The following table compares North Ridgeville to other Lorain County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Avon99110-10%$314,900$305,0003.2%
Avon Lake109146-25.3%$239,900$220,0009%
Sheffield817-52.9%$236,000$145,00062.8%
Grafton3137-16.2%$235,000$202,39916.1%
LaGrange1525-40%$222,500$255,500-12.9%
North Ridgeville136231-41.1%$220,000$191,00015.2%
Columbia Station3152-40.4%$200,000$190,5005%
Oberlin3035-14.3%$185,200$144,00028.6%
Amherst6780-16.3%$185,000$165,00012.1%
Wellington2833-15.2%$180,000$150,00020%
South Amherst125140%$162,022.50$98,49064.5%

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