In May, there were 54 homes sold, with a median sale price of $261,500 - a 17.5 percent increase over the $222,500 median sale price for the same period of the previous year. There were 40 homes sold in North Ridgeville in May 2021.
The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 1.2 percent of the median home sale price for May.
The following table compares North Ridgeville to other Lorain County cities with similar median sale prices in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sheffield | 4 | 3 | 33.3 | $350,000 | $80,000 | 337.5 |
Avon Lake | 33 | 28 | 17.9 | $330,000 | $264,000 | 25 |
South Amherst | 2 | 6 | -66.7 | $297,500 | $99,000 | 200.5 |
Amherst | 27 | 15 | 80 | $295,000 | $170,000 | 73.5 |
LaGrange | 6 | 7 | -14.3 | $272,500 | $273,500 | -0.4 |
North Ridgeville | 54 | 40 | 35 | $261,500 | $222,500 | 17.5 |
Grafton | 7 | 13 | -46.2 | $261,000 | $335,000 | -22.1 |
Oberlin | 9 | 7 | 28.6 | $242,000 | $190,000 | 27.4 |
Laporte | 1 | 0 | - | $220,000 | $0 | - |
Columbia Station | 11 | 10 | 10 | $184,000 | $282,250 | -34.8 |
Wellington | 11 | 12 | -8.3 | $180,000 | $160,250 | 12.3 |