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Sunday, November 24, 2024

Pricing for the median home in Wellington decreased during 2021

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The median sale price of a home sold in 2021 in Wellington fell by $2,600 while total sales increased by 39.7%, according to BlockShopper.com.

From January through December of 2021, there were 169 homes sold, with a median sale price of $169,900 - a 1.5% decrease over the $172,500 median sale price for the previous year. There were 121 homes sold in Wellington in 2020.

The median sales tax in Wellington for the most recent year with available data, 2018, was $2,428, approximately 1.4% of the median home sale price for 2021.

The following table compares Wellington 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)
Grafton1391316.1%$200,000$200,0000%
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%

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