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Monday, November 18, 2024

Median home prices in Elyria fell to $113,500 in October 2021

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The median sale price of a home sold in October 2021 in Elyria fell by $2,511 while total sales decreased by 10.9%, according to BlockShopper.com.

In October 2021, there were 98 homes sold, with a median sale price of $113,500 - a 2.2% decrease over the $116,011 median sale price for the same period of the previous year. There were 110 homes sold in Elyria in October 2020.

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 2021.

The following table compares Elyria to other Lorain County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
South Amherst12-50%$159,900$276,122.50-42.1%
Vermilion1517-11.8%$150,000$165,000-9.1%
Eaton Estates52150%$142,500$102,50039%
Sheffield Lake221546.7%$142,450$150,000-5%
Wellington1115-26.7%$140,000$243,000-42.4%
Elyria98110-10.9%$113,500$116,011-2.2%
Penfield Junction10-$101,000$0-
Coonville12-50%$92,500$132,250-30.1%
Lorain1441440%$91,250$80,255.5013.7%
Pheasant Run660%$86,862.50$133,500-34.9%
Vincent30-$75,000$0-

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