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Lorain Times

Wednesday, November 27, 2024

Home prices increased in South Amherst during November 2021

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The median sale price of a home sold in November 2021 in South Amherst rose by $17,000 while total sales decreased by 40%, according to BlockShopper.com.

In November 2021, there were three homes sold, with a median sale price of $195,000 - a 9.6% increase over the $178,000 median sale price for the same period of the previous year. There were five homes sold in South Amherst in November 2020.

The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 0.9% of the median home sale price for November 2021.

The following table compares South Amherst 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)
North Ridgeville705040%$237,750$204,50016.3%
Grafton10666.7%$220,450$172,50027.8%
Amherst272222.7%$210,000$185,00013.5%
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%

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