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From July through December of 2021, there were six homes sold, with a median sale price of $106,000 - a 17.1% increase over the $90,500 median sale price for the same period of the previous year. There were nine homes sold in Penfield Junction in the second half of 2020.
The median sales tax in Penfield Junction for the most recent year with available data, 2018, was $1,659, approximately 1.6% of the median home sale price for the second half of 2021.
The following table compares Penfield Junction to other Lorain County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Amherst | 19 | 24 | -20.8% | $165,000 | $133,500 | 23.6% |
| Laporte | 3 | 2 | 50% | $155,000 | $146,750 | 5.6% |
| Sheffield Lake | 130 | 86 | 51.2% | $150,000 | $134,900 | 11.2% |
| Vermilion | 92 | 84 | 9.5% | $149,950 | $150,700 | -0.5% |
| Eaton Estates | 19 | 13 | 46.2% | $128,295 | $124,500 | 3% |
| Elyria | 688 | 574 | 19.9% | $126,000 | $115,000 | 9.6% |
| Coonville | 2 | 4 | -50% | $121,250 | $52,500 | 131% |
| Pheasant Run | 25 | 26 | -3.8% | $112,000 | $139,450 | -19.7% |
| Penfield Junction | 6 | 9 | -33.3% | $106,000 | $90,500 | 17.1% |
| Lorain | 876 | 730 | 20% | $92,000 | $80,000 | 15% |
| Vincent | 7 | 6 | 16.7% | $58,000 | $70,750 | -18% |
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