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Sunday, November 24, 2024

Pricing for the median home in Wellington decreased during December 2021

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The median sale price of a home sold in December 2021 in Wellington fell by $8,000 while total sales increased by 50%, according to BlockShopper.com.

In December 2021, there were 18 homes sold, with a median sale price of $152,000 - a 5% decrease over the $160,000 median sale price for the same period of the previous year. There were 12 homes sold in Wellington in December 2020.

The median sales tax in Wellington for the most recent year with available data, 2018, was $2,428, approximately 1.6% of the median home sale price for December 2021.

The following table compares Wellington to other Lorain County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Sheffield Lake211190.9%$185,000$108,10071.1%
Grafton1217-29.4%$170,500$255,000-33.1%
Avon Lake3845-15.6%$169,450$237,500-28.7%
Columbia Station167128.6%$169,400$163,1003.9%
Laporte10-$155,000$0-
Wellington181250%$152,000$160,000-5%
Vincent13-66.7%$152,000$72,000111.1%
Coonville10-$150,000$0-
Eaton Estates51400%$130,200$148,000-12%
Elyria1191144.4%$130,000$106,50022.1%
Pheasant Run35-40%$129,000$185,000-30.3%

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