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In May, there were 107 homes sold, with a median sale price of $145,000 - a 19.3 percent increase over the $121,500 median sale price for the same period of the previous year. There were 79 homes sold in Elyria in May 2021.
The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 1.3 percent of the median home sale price for May.
The following table compares Elyria 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) |
---|---|---|---|---|---|---|
Columbia Station | 11 | 10 | 10 | $184,000 | $282,250 | -34.8 |
Wellington | 11 | 12 | -8.3 | $180,000 | $160,250 | 12.3 |
Coonville | 1 | 1 | 0 | $153,000 | $66,213 | 131.1 |
Sheffield Lake | 17 | 15 | 13.3 | $152,000 | $160,000 | -5 |
Eaton Estates | 2 | 2 | 0 | $148,500 | $110,000 | 35 |
Elyria | 107 | 79 | 35.4 | $145,000 | $121,500 | 19.3 |
Brentwood Lake | 1 | 1 | 0 | $135,000 | $173,000 | -22 |
Vermilion | 13 | 8 | 62.5 | $135,000 | $170,000 | -20.6 |
Pheasant Run | 6 | 1 | 500 | $125,000 | $116,000 | 7.8 |
Lorain | 115 | 100 | 15 | $105,000 | $69,500 | 51.1 |
Vincent | 1 | 0 | - | $56,000 | $0 | - |