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Sunday, November 24, 2024

2021: Brentwood Lake experienced a 17.4% increase in median home prices

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The median sale price of a home sold in 2021 in Brentwood Lake rose by $27,250 while total sales decreased by 30%, according to BlockShopper.com.

From January through December of 2021, there were seven homes sold, with a median sale price of $184,000 - a 17.4% increase over the $156,750 median sale price for the previous year. There were 10 homes sold in Brentwood Lake in 2020.

The median sales tax in Brentwood Lake for the most recent year with available data, 2018, was $2,115, approximately 1.1% of the median home sale price for 2021.

The following table compares Brentwood Lake 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)
North Ridgeville635662-4.1%$229,000$211,0008.5%
Columbia Station13210723.4%$203,271$200,0001.6%
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%

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