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Monday, November 18, 2024

North Ridgeville home prices rise in the first half of 2020

Realestate4

The median sale price of a home sold in the first half of 2020 in North Ridgeville rose by $18,100 while total sales decreased by 29.7%, according to BlockShopper.com.

From January through June of 2020, there were 251 homes sold, with a median sale price of $208,000 - a 9.5% increase over the $189,900 median sale price for the same period of the previous year. There were 357 homes sold in North Ridgeville in the first half of 2019.

The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 1.5% of the median home sale price for the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Avon156180-13.3%$307,000$299,0002.7%
Sheffield1827-33.3%$240,250$145,00065.7%
Avon Lake206231-10.8%$237,050$221,0007.3%
LaGrange1938-50%$222,500$214,5003.7%
North Ridgeville251357-29.7%$208,000$189,9009.5%
Grafton6162-1.6%$187,000$165,50013%
Columbia Station4667-31.3%$186,479$174,9006.6%
Amherst1161141.8%$173,900$160,0008.7%
Wellington5059-15.3%$163,500$147,00011.2%
Oberlin5664-12.5%$162,500$125,00030%
South Amherst207185.7%$144,950$75,00093.3%

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