From January through March of 2021, there were seven homes sold, with a median sale price of $186,000 - a 23.4% increase over the $150,751 median sale price for the same period of the previous year. There were 26 homes sold in Oberlin in the first quarter of 2020.
The median sales tax in Oberlin for the most recent year with available data, 2018, was $2,573, approximately 1.4% of the median home sale price for the first quarter of 2021.
The following table compares Oberlin to other Lorain County cities with similar median sale prices in the first quarter of 2021:
| City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grafton | 8 | 30 | -73.3% | $236,957.50 | $157,950 | 50% |
| Avon Lake | 10 | 97 | -89.7% | $210,000 | $235,000 | -10.6% |
| LaGrange | 2 | 4 | -50% | $204,000 | $202,500 | 0.7% |
| Laporte | 2 | 3 | -33.3% | $193,600 | $102,500 | 88.9% |
| North Ridgeville | 17 | 115 | -85.2% | $192,000 | $190,000 | 1.1% |
| Oberlin | 7 | 26 | -73.1% | $186,000 | $150,750.50 | 23.4% |
| Wellington | 7 | 22 | -68.2% | $150,000 | $151,950 | -1.3% |
| Amherst | 8 | 49 | -83.7% | $119,000 | $138,000 | -13.8% |
| Vermilion | 7 | 25 | -72% | $97,000 | $113,500 | -14.5% |
| Elyria | 45 | 252 | -82.1% | $88,900 | $87,000 | 2.2% |
| Sheffield Lake | 6 | 23 | -73.9% | $80,000 | $98,807 | -19% |
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