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Friday, November 1, 2024

Elyria home prices fell in April

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The median sale price of a home sold in April in Elyria fell by $16,500 while total sales decreased by 23.2 percent, according to BlockShopper.com.

In April, there were 63 homes sold, with a median sale price of $98,000 - a 14.4 percent decrease from the $114,500 median sale price for the same period of the previous year. There were 82 homes sold in Elyria in April 2021.

The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 1.9 percent of the median home sale price for April.

The following table compares Elyria 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)
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-
South Amherst13-66.7$180,000$161,01011.8
Eaton Estates330$177,000$129,50036.7
Sheffield Lake1116-31.3$130,000$120,0008.3
Vincent110$100,000$132,500-24.5
Lorain131143-8.4$98,000$72,50035.2
Elyria6382-23.2$98,000$114,500-14.4

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