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Lorain Times

Sunday, November 24, 2024

2021: Home prices in South Amherst increased

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The median sale price of a home sold in 2021 in South Amherst rose by $12,500 while total sales decreased by 25%, according to BlockShopper.com.

From January through December of 2021, there were 33 homes sold, with a median sale price of $150,000 - a 9.1% increase over the $137,500 median sale price for the previous year. There were 44 homes sold in South Amherst in 2020.

The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 1.1% of the median home sale price for 2021.

The following table compares South Amherst 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)
Amherst2832589.7%$187,000$176,085.506.2%
Oberlin1331293.1%$184,000$150,00122.7%
Brentwood Lake710-30%$184,000$156,75017.4%
Laporte58-37.5%$172,200$138,75024.1%
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%

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