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Sunday, November 17, 2024

North Ridgeville median home prices fell by 17.6% in December 2020

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The median sale price of a home sold in December 2020 in North Ridgeville fell by $33,500 while total sales decreased by 64.9%, according to BlockShopper.com.

In December 2020, there were 13 homes sold, with a median sale price of $156,500 - a 17.6% decrease over the $190,000 median sale price for the same period of the previous year. There were 37 homes sold in North Ridgeville in December 2019.

The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 2% of the median home sale price for December 2020.

The following table compares North Ridgeville to other Lorain County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Grafton56-16.7%$293,000$188,50055.4%
LaGrange330%$260,000$180,00044.4%
Pheasant Run13-66.7%$200,000$110,00081.8%
Sheffield25-60%$178,000$100,00078%
Columbia Station112-91.7%$160,000$229,500-30.3%
North Ridgeville1337-64.9%$156,500$190,000-17.6%
Vermilion48-50%$154,500$221,000-30.1%
Amherst421-81%$150,000$163,000-8%
Eaton Estates15-80%$148,000$85,50073.1%
Wellington47-42.9%$114,450$148,500-22.9%
South Amherst13-66.7%$90,000$120,000-25%

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