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Lorain Times

Sunday, November 24, 2024

South Amherst median home prices rose by 141.6% in December 2021

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The median sale price of a home sold in December 2021 in South Amherst rose by $127,450 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2021, there were four homes sold, with a median sale price of $217,450 - a 141.6% increase over the $90,000 median sale price for the same period of the previous year. There were three homes sold in South Amherst in December 2020.

The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 0.8% of the median home sale price for December 2021.

The following table compares South Amherst 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)
LaGrange11683.3%$295,000$285,0003.5%
North Ridgeville5372-26.4%$240,000$237,5001.1%
Sheffield57-28.6%$240,000$275,000-12.7%
Avon2627-3.7%$238,500$370,000-35.5%
South Amherst4333.3%$217,450$90,000141.6%
Oberlin1012-16.7%$207,250$231,500-10.5%
Amherst291952.6%$185,500$195,000-4.9%
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%

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