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Saturday, November 23, 2024

Elyria median home prices rose by 17.2% in January 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in January 2021 in Elyria rose by $12,911 while total sales decreased by 88.2%, according to BlockShopper.com.

In January 2021, there were 10 homes sold, with a median sale price of $87,911 - a 17.2% increase over the $75,000 median sale price for the same period of the previous year. There were 85 homes sold in Elyria in January 2020.

The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 2.1% of the median home sale price for January 2021.

The following table compares Elyria 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%

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