In August 2019, there were three homes sold, with a median sale price of $115,500 - a 34% decrease over the $174,950 median sale price for the same period of the previous year. There were four homes sold in South Amherst in August 2018.
The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 1.5% of the median home sale price for August 2019.
The following table compares South Amherst to other Lorain County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Ridgeville | 77 | 82 | -6.1% | $164,000 | $180,000 | -8.9% |
| Grafton | 17 | 13 | 30.8% | $152,000 | $141,540 | 7.4% |
| Brentwood Lake | 1 | 1 | 0% | $150,000 | $118,500 | 26.6% |
| Wellington | 13 | 15 | -13.3% | $140,500 | $115,000 | 22.2% |
| Oberlin | 15 | 16 | -6.3% | $136,000 | $130,000 | 4.6% |
| South Amherst | 3 | 4 | -25% | $115,500 | $174,950 | -34% |
| Eaton Estates | 2 | 8 | -75% | $110,000 | $106,500 | 3.3% |
| Pheasant Run | 4 | 3 | 33.3% | $105,000 | $31,830 | 229.9% |
| Sheffield Lake | 19 | 19 | 0% | $103,000 | $120,000 | -14.2% |
| Elyria | 108 | 123 | -12.2% | $102,500 | $83,000 | 23.5% |
| Laporte | 1 | 0 | - | $90,000 | $0 | - |
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