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Lorain Times

Sunday, November 24, 2024

Falling home prices in Eaton Estates in 2021

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The median sale price of a home sold in 2021 in Eaton Estates fell by $5,000 while total sales increased by 36.4%, according to BlockShopper.com.

From January through December of 2021, there were 30 homes sold, with a median sale price of $115,000 - a 4.2% decrease over the $120,000 median sale price for the previous year. There were 22 homes sold in Eaton Estates in 2020.

The median sales tax in Eaton Estates for the most recent year with available data, 2018, was $1,379, approximately 1.2% of the median home sale price for 2021.

The following table compares Eaton Estates to other Lorain County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Wellington16912139.7%$169,900$172,500-1.5%
South Amherst3344-25%$150,000$137,5009.1%
Vermilion15313017.7%$148,900$140,0006.4%
Sheffield Lake20714542.8%$147,000$134,9009%
Elyria1,1871,06311.7%$123,000$108,76513.1%
Eaton Estates302236.4%$115,000$120,000-4.2%
Pheasant Run473534.3%$105,000$132,000-20.5%
Coonville513-61.5%$92,500$66,00040.2%
Lorain1,5941,27225.3%$83,250$74,90011.1%
Penfield Junction14137.7%$64,590$76,900-16%
Vincent12771.4%$56,500$72,000-21.5%

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