Oberlin home prices fall in September 2019

Oberlin home prices fall in September 2019
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The median sale price of a home sold in September 2019 in Oberlin fell by $22,000 while total sales increased by 22.2%, according to BlockShopper.com.

In September 2019, there were 11 homes sold, with a median sale price of $145,000 – a 13.2% decrease over the $167,000 median sale price for the same period of the previous year. There were nine homes sold in Oberlin in September 2018.

The median sales tax in Oberlin for the most recent year with available data, 2018, was $2,573, approximately 1.8% of the median home sale price for September 2019.

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

City Sept. 2019 Home Sales Sept. 2018 Home Sales % change (Total Home Sales) Sept. 2019 Median Sales Price Sept. 2018 Median Sales Price % change (Median Sales Price)
Amherst 31 31 0% $185,000 $144,500 28%
Vermilion 9 11 -18.2% $184,500 $94,000 96.3%
Grafton 14 15 -6.7% $177,500 $210,000 -15.5%
Columbia Station 17 11 54.5% $170,300 $179,900 -5.3%
Wellington 14 13 7.7% $165,000 $154,000 7.1%
Oberlin 11 9 22.2% $145,000 $167,000 -13.2%
Laporte 1 0 – $142,500 $0 –
Brentwood Lake 1 0 – $142,500 $0 –
LaGrange 1 2 -50% $129,000 $211,000 -38.9%
South Amherst 5 1 400% $125,000 $146,000 -14.4%
Sheffield Lake 22 20 10% $119,000 $95,000 25.3%


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