In May 2021, there were 15 homes sold, with a median sale price of $170,000 - a 2.9% decrease over the $175,000 median sale price for the same period of the previous year. There were 27 homes sold in Amherst in May 2020.
The median sales tax in Amherst for the most recent year with available data, 2018, was $2,507, approximately 1.5% of the median home sale price for May 2021.
The following table compares Amherst to other Lorain County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Avon Lake | 28 | 30 | -6.7% | $264,000 | $212,500 | 24.2% |
| North Ridgeville | 40 | 41 | -2.4% | $222,500 | $227,000 | -2% |
| Oberlin | 7 | 11 | -36.4% | $190,000 | $187,900 | 1.1% |
| Brentwood Lake | 1 | 0 | - | $173,000 | $0 | - |
| Vermilion | 8 | 6 | 33.3% | $170,000 | $127,700 | 33.1% |
| Amherst | 15 | 27 | -44.4% | $170,000 | $175,000 | -2.9% |
| Wellington | 12 | 10 | 20% | $160,250 | $130,500 | 22.8% |
| Sheffield Lake | 15 | 12 | 25% | $160,000 | $144,750 | 10.5% |
| Elyria | 79 | 73 | 8.2% | $121,500 | $98,000 | 24% |
| Pheasant Run | 1 | 0 | - | $116,000 | $0 | - |
| Eaton Estates | 2 | 2 | 0% | $110,000 | $107,500 | 2.3% |
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