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West Cleveland News

Sunday, November 17, 2024

Avon Lake home prices rise in August 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in August 2020 in Avon Lake rose by $15,450 while total sales decreased by 2.2%, according to BlockShopper.com.

In August 2020, there were 44 homes sold, with a median sale price of $235,450 - a 7% increase over the $220,000 median sale price for the same period of the previous year. There were 45 homes sold in Avon Lake in August 2019.

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 August 2020.

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

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Avon463053.3%$314,950$330,000-4.6%
LaGrange26-66.7%$312,200$235,00032.9%
Avon Lake4445-2.2%$235,450$220,0007%
Grafton1117-35.3%$230,000$152,00051.3%
Sheffield37-57.1%$220,000$195,00012.8%
Amherst2643-39.5%$207,500$177,00017.2%
North Ridgeville5877-24.7%$205,500$164,00025.3%
Oberlin1015-33.3%$200,500$136,00047.4%
Columbia Station1116-31.3%$180,000$300,750-40.1%
Brentwood Lake110%$180,000$150,00020%
Wellington1113-15.4%$150,000$140,5006.8%

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