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Lorain Times

Wednesday, November 27, 2024

Pricing for the median home in Wellington decreased during November 2021

Realestate4

The median sale price of a home sold in November 2021 in Wellington fell by $32,500 while total sales increased by 100%, according to BlockShopper.com.

In November 2021, there were 14 homes sold, with a median sale price of $152,500 - a 17.6% decrease over the $185,000 median sale price for the same period of the previous year. There were seven homes sold in Wellington in November 2020.

The median sales tax in Wellington for the most recent year with available data, 2018, was $2,428, approximately 1.6% of the median home sale price for November 2021.

The following table compares Wellington 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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