Quantcast

Lorain Times

Saturday, November 23, 2024

Median home prices in Lorain rose to $60,000 in January 2021

Realestate1

The median sale price of a home sold in January 2021 in Lorain rose by $7,000 while total sales decreased by 78.2%, according to BlockShopper.com.

In January 2021, there were 19 homes sold, with a median sale price of $60,000 - a 13.2% increase over the $53,000 median sale price for the same period of the previous year. There were 87 homes sold in Lorain in January 2020.

The median sales tax in Lorain for the most recent year with available data, 2018, was $1,358, approximately 2.3% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Avon Lake228-92.9%$245,000$226,0008.4%
LaGrange13-66.7%$185,000$255,000-27.5%
Laporte12-50%$172,200$173,750-0.9%
North Ridgeville130-96.7%$160,000$157,2501.7%
Amherst214-85.7%$101,500$138,750-26.8%
Penfield Junction10-$101,000$0-
Elyria1085-88.2%$87,911$75,00017.2%
Vermilion37-57.1%$70,000$76,877-8.9%
Pheasant Run13-66.7%$64,000$113,000-43.4%
Lorain1987-78.2%$60,000$53,00013.2%
Wellington28-75%$39,500$158,450-75.1%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS