Mike Doran, Recorder of Lorain County | https://static.wixstatic.com/
Mike Doran, Recorder of Lorain County | https://static.wixstatic.com/
The median sales price of a Lorain County home in the second quarter of 2024 was $190,000, based on data from the 1,178 properties sold during that time. In 2024, the median tax bill for the county was $2,993, which is 1.6% of the median value of the homes that were taxed.
This is 1.4 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Lorain County real estate data showed homeowners in Avon, Pheasant Run, and Wellington paid the highest rates.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Avon with some other cities belonging to Lorain County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.
City | Q2 2024 Sales | Q2 2024 Median Price | Median tax 2024 | Effective tax rate |
---|---|---|---|---|
Avon | 72 | $369,600 | $6,674 | 1.8% |
Pheasant Run | 11 | $156,000 | $2,835 | 1.8% |
Wellington | 30 | $175,000 | $3,179 | 1.8% |
Eaton Estates | 10 | $119,750 | $2,075 | 1.7% |
Sheffield Lake | 32 | $173,000 | $2,784 | 1.6% |
Vermilion | 35 | $191,000 | $3,118 | 1.6% |
Avon Lake | 94 | $328,000 | $5,075 | 1.5% |
Elyria | 268 | $160,000 | $2,370 | 1.5% |
Grafton | 27 | $260,000 | $3,797 | 1.5% |
Columbia Station | 21 | $298,000 | $4,173 | 1.4% |
Lorain | 326 | $129,450 | $1,687 | 1.3% |
North Ridgeville | 148 | $307,500 | $4,041 | 1.3% |
Oberlin | 23 | $250,000 | $3,359 | 1.3% |
Amherst | 44 | $253,750 | $3,176 | 1.3% |
South Amherst | 11 | $181,500 | $2,368 | 1.3% |
LaGrange | 13 | $320,000 | $4,269 | 1.3% |
Sheffield | 7 | $389,900 | $4,489 | 1.2% |
Brentwood Lake | 3 | $270,000 | $2,857 | 1.1% |