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Sunday, November 24, 2024

How did home prices perform in North Ridgeville during the second half of 2021?

Realestate1

The median sale price of a home sold in the second half of 2021 in North Ridgeville rose by $23,350 while total sales decreased by 10%, according to BlockShopper.com.

From July through December of 2021, there were 370 homes sold, with a median sale price of $236,250 - a 11% increase over the $212,900 median sale price for the same period of the previous year. There were 411 homes sold in North Ridgeville in the second half of 2020.

The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 1.3% of the median home sale price for the second half of 2021.

The following table compares North Ridgeville to other Lorain County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Avon202206-1.9%$335,000$332,5000.8%
LaGrange443333.3%$297,500$249,90019%
Avon Lake238270-11.9%$278,500$264,0005.5%
Sheffield31310%$240,000$247,000-2.8%
North Ridgeville370411-10%$236,250$212,90011%
Oberlin6473-12.3%$200,000$144,90038%
Columbia Station756123%$200,000$260,000-23.1%
Grafton6870-2.9%$194,000$208,000-6.7%
Amherst17614223.9%$190,000$180,0005.6%
Brentwood Lake47-42.9%$185,000$158,50016.7%
Wellington1027143.7%$175,000$180,000-2.8%

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