The median sale price of a home sold in August 2019 in Vermilion rose by $20,000 while total sales decreased by 31.6%, according to BlockShopper.com.
In August 2019, there were 13 homes sold, with a median sale price of $175,000 – a 12.9% increase over the $155,000 median sale price for the same period of the previous year. There were 19 homes sold in Vermilion in August 2018.
The median sales tax in Vermilion for the most recent year with available data, 2018, was $2,398, approximately 1.4% of the median home sale price for August 2019.
The following table compares Vermilion to other Lorain County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Columbia Station | 16 | 11 | 45.5% | $300,750 | $243,000 | 23.8% |
| LaGrange | 6 | 7 | -14.3% | $235,000 | $169,000 | 39.1% |
| Avon Lake | 45 | 55 | -18.2% | $220,000 | $218,500 | 0.7% |
| Sheffield | 7 | 8 | -12.5% | $195,000 | $217,174.50 | -10.2% |
| Amherst | 43 | 22 | 95.5% | $177,000 | $155,000 | 14.2% |
| Vermilion | 13 | 19 | -31.6% | $175,000 | $155,000 | 12.9% |
| North Ridgeville | 77 | 82 | -6.1% | $164,000 | $180,000 | -8.9% |
| Grafton | 17 | 13 | 30.8% | $152,000 | $141,540 | 7.4% |
| Brentwood Lake | 1 | 1 | 0% | $150,000 | $118,500 | 26.6% |
| Wellington | 13 | 15 | -13.3% | $140,500 | $115,000 | 22.2% |
| Oberlin | 15 | 16 | -6.3% | $136,000 | $130,000 | 4.6% |
