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Lorain Times

Wednesday, November 27, 2024

Pheasant Run median home prices fell by 57% in November 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in November 2021 in Pheasant Run fell by $76,250 while total sales decreased by 50%, according to BlockShopper.com.

In November 2021, there were two homes sold, with a median sale price of $57,500 - a 57% decrease over the $133,750 median sale price for the same period of the previous year. There were four homes sold in Pheasant Run in November 2020.

The median sales tax in Pheasant Run for the most recent year with available data, 2018, was $1,860, approximately 3.2% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Sheffield5425%$210,000$195,5007.4%
Vermilion913-30.8%$203,000$220,000-7.7%
South Amherst35-40%$195,000$178,0009.6%
Columbia Station131030%$185,000$274,450-32.6%
Sheffield Lake188125%$155,500$121,00028.5%
Wellington147100%$152,500$185,000-17.6%
Oberlin713-46.2%$143,000$124,00015.3%
Elyria1078033.8%$137,000$123,50010.9%
Lorain12610520%$93,950$75,00025.3%
Pheasant Run24-50%$57,500$133,750-57%
Vincent31200%$45,000$100,000-55%

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