The median sale price of a home sold in the third quarter of 2019 in South Amherst fell by $39,750 while total sales increased by 100%, according to BlockShopper.com.
From July through September of 2019, there were 10 homes sold, with a median sale price of $120,250 – a 24.8% decrease over the $160,000 median sale price for the same period of the previous year. There were five homes sold in South Amherst in the third quarter of 2018.
The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 1.4% of the median home sale price for the third quarter of 2019.
The following table compares South Amherst to other Lorain County cities with similar median sales prices in the third quarter of 2019:
| City | July – Sept. 2019 Home Sales | July – Sept. 2018 Home Sales | % change (Total Home Sales) | July – Sept. 2019 Median Sales Price | July – Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oberlin | 42 | 28 | 50% | $171,500 | $144,500 | 18.7% |
| Grafton | 47 | 33 | 42.4% | $157,500 | $141,540 | 11.3% |
| Wellington | 39 | 28 | 39.3% | $144,000 | $143,450 | 0.4% |
| Brentwood Lake | 3 | 1 | 200% | $142,500 | $118,500 | 20.3% |
| Sheffield Lake | 59 | 44 | 34.1% | $124,000 | $108,950 | 13.8% |
| South Amherst | 10 | 5 | 100% | $120,250 | $160,000 | -24.8% |
| Laporte | 2 | 0 | – | $116,250 | $0 | – |
| Pheasant Run | 13 | 5 | 160% | $105,000 | $61,800 | 69.9% |
| Elyria | 302 | 202 | 49.5% | $99,950 | $87,750 | 13.9% |
| Eaton Estates | 7 | 9 | -22.2% | $89,900 | $98,000 | -8.3% |
| Lorain | 322 | 209 | 54.1% | $63,900 | $68,500 | -6.7% |
