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Monday, November 18, 2024

Elyria home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Elyria rose by $14,750 while total sales decreased by 88.2%, according to BlockShopper.com.

In October 2020, there were 12 homes sold, with a median sale price of $114,000 - a 14.9% increase over the $99,250 median sale price for the same period of the previous year. There were 102 homes sold in Elyria in October 2019.

The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 1.6% of the median home sale price for October 2020.

The following table compares Elyria to other Lorain County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Wellington416-75%$309,500$160,00093.4%
Sheffield24-50%$271,500$205,31032.2%
Avon Lake1341-68.3%$255,000$215,00018.6%
Grafton217-88.2%$198,000$141,00040.4%
Vermilion518-72.2%$192,000$142,75034.5%
North Ridgeville1251-76.5%$157,750$180,000-12.4%
Oberlin310-70%$142,500$166,500-14.4%
Amherst438-89.5%$136,000$159,950-15%
Elyria12102-88.2%$114,000$99,25014.9%
Lorain2999-70.7%$80,000$68,90016.1%
Sheffield Lake113-92.3%$47,000$135,000-65.2%

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