Elyria home prices rise in July 2019

Elyria home prices rise in July 2019
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The median sale price of a home sold in July 2019 in Elyria rose by $20,000 while total sales increased by 781.8%, according to BlockShopper.com.

In July 2019, there were 97 homes sold, with a median sale price of $90,000 – a 28.6% increase over the $70,000 median sale price for the same period of the previous year. There were 11 homes sold in Elyria in July 2018.

The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 2% of the median home sale price for July 2019.

The following table compares Elyria to other Lorain County cities with similar median sales prices in July 2019:

City July 2019 Home Sales July 2018 Home Sales % change (Total Home Sales) July 2019 Median Sales Price July 2018 Median Sales Price % change (Median Sales Price)
Wellington 12 0 – $171,000 $0 –
Amherst 39 3 1200% $160,000 $180,500 -11.4%
Grafton 16 5 220% $157,250 $95,000 65.5%
Sheffield Lake 18 5 260% $138,950 $133,000 4.5%
Pheasant Run 5 1 400% $109,500 $79,000 38.6%
South Amherst 2 0 – $91,000 $0 –
Elyria 97 11 781.8% $90,000 $70,000 28.6%
Eaton Estates 3 0 – $89,900 $0 –
Lorain 120 18 566.7% $58,000 $68,000 -14.7%
Penfield Junction 2 0 – $48,326 $0 –
Brentwood Lake 1 0 – $18,000 $0 –


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