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Lorain Times

Monday, March 31, 2025

Home prices increased in North Ridgeville during May

Webp re 11

The median sale price of a home sold in May in North Ridgeville rose by $39,000 while total sales increased by 35 percent, according to BlockShopper.com.

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:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Sheffield4333.3$350,000$80,000337.5
Avon Lake332817.9$330,000$264,00025
South Amherst26-66.7$297,500$99,000200.5
Amherst271580$295,000$170,00073.5
LaGrange67-14.3$272,500$273,500-0.4
North Ridgeville544035$261,500$222,50017.5
Grafton713-46.2$261,000$335,000-22.1
Oberlin9728.6$242,000$190,00027.4
Laporte10-$220,000$0-
Columbia Station111010$184,000$282,250-34.8
Wellington1112-8.3$180,000$160,25012.3

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