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Lorain Times

Sunday, November 24, 2024

Home prices increased in Oberlin during 2021

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The median sale price of a home sold in 2021 in Oberlin rose by $33,999 while total sales increased by 3.1%, according to BlockShopper.com.

From January through December of 2021, there were 133 homes sold, with a median sale price of $184,000 - a 22.7% increase over the $150,001 median sale price for the previous year. There were 129 homes sold in Oberlin in 2020.

The median sales tax in Oberlin for the most recent year with available data, 2018, was $2,573, approximately 1.4% of the median home sale price for 2021.

The following table compares Oberlin 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)
Sheffield4749-4.1%$230,000$242,000-5%
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%

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