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Lorain Times

Friday, November 1, 2024

Amherst median home prices rose by 63.5% in April

Realestate5

The median sale price of a home sold in April in Amherst rose by $88,900 while total sales increased by 11.1 percent, according to BlockShopper.com.

In April, there were 20 homes sold, with a median sale price of $229,000 - a 63.5 percent increase over the $140,100 median sale price for the same period of the previous year. There were 18 homes sold in Amherst in April 2021.

The median sales tax in Amherst for the most recent year with available data, 2018, was $2,507, approximately 1.1 percent of the median home sale price for April.

The following table compares Amherst to other Lorain County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Avon1823-21.7$287,625$289,500-0.6
Vermilion911-18.2$260,000$70,000271.4
Columbia Station12933.3$259,950$252,0003.2
Avon Lake29283.6$250,000$246,7501.3
North Ridgeville4951-3.9$230,000$230,0000
Amherst201811.1$229,000$140,10063.5
Grafton1320-35$212,000$202,5004.7
Wellington189100$203,000$155,80030.3
LaGrange10666.7$202,450$249,900-19
Oberlin1118-38.9$188,000$81,800129.8
Coonville20-$185,000$0-

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