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Sunday, November 24, 2024

The fourth quarter of 2021: Home prices in LaGrange increased

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The median sale price of a home sold in the fourth quarter of 2021 in LaGrange rose by $35,000 while total sales increased by 47.1%, according to BlockShopper.com.

From October through December of 2021, there were 25 homes sold, with a median sale price of $275,000 - a 14.6% increase over the $240,000 median sale price for the same period of the previous year. There were 17 homes sold in LaGrange in the fourth quarter of 2020.

The median sales tax in LaGrange for the most recent year with available data, 2018, was $3,223, approximately 1.2% of the median home sale price for the fourth quarter of 2021.

The following table compares LaGrange 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)
Avon8995-6.3%$285,000$350,000-18.6%
LaGrange251747.1%$275,000$240,00014.6%
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-

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