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Sunday, November 24, 2024

Median home prices in South Amherst rose to $197,950 in the fourth quarter of 2021

Realestate077

The median sale price of a home sold in the fourth quarter of 2021 in South Amherst rose by $27,200 while total sales decreased by 20%, according to BlockShopper.com.

From October through December of 2021, there were eight homes sold, with a median sale price of $197,950 - a 15.9% increase over the $170,750 median sale price for the same period of the previous year. There were 10 homes sold in South Amherst in the fourth quarter of 2020.

The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 0.9% of the median home sale price for the fourth quarter of 2021.

The following table compares South Amherst to other Lorain County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Avon Lake110139-20.9%$250,000$284,250-12%
North Ridgeville166206-19.4%$233,750$209,90011.4%
Oberlin3035-14.3%$219,500$132,00066.3%
Sheffield1517-11.8%$215,500$247,000-12.8%
Amherst886927.5%$205,000$168,00022%
South Amherst810-20%$197,950$170,75015.9%
Grafton34319.7%$186,250$203,000-8.3%
Columbia Station433043.3%$185,000$274,450-32.6%
Laporte10-$155,000$0-
Sheffield Lake613479.4%$155,000$126,25022.8%
Wellington483441.2%$153,500$197,500-22.3%

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