In March 2019, there were 82 homes sold, with a median sale price of $71,083 - a 35.2% increase over the $52,580 median sale price for the same period of the previous year. There were 102 homes sold in Lorain in March 2018.
The median sales tax in Lorain for the most recent year with available data, 2015, was $1,291, approximately 1.8% of the median home sale price for March 2019.
The following table compares Lorain to other Lorain County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wellington | 13 | 16 | -18.8% | $155,000 | $138,700 | 11.8% |
| Grafton | 7 | 10 | -30% | $150,000 | $134,000 | 11.9% |
| Brentwood Lake | 1 | 1 | 0% | $131,000 | $135,000 | -3% |
| Pheasant Run | 4 | 4 | 0% | $116,000 | $90,750 | 27.8% |
| Elyria | 90 | 94 | -4.3% | $92,200 | $90,450 | 1.9% |
| Eaton Estates | 2 | 1 | 100% | $88,900 | $62,000 | 43.4% |
| Sheffield Lake | 17 | 16 | 6.3% | $88,000 | $93,650 | -6% |
| Columbia Station | 3 | 12 | -75% | $86,100 | $175,900 | -51.1% |
| Penfield Junction | 1 | 5 | -80% | $83,000 | $78,000 | 6.4% |
| Oberlin | 16 | 10 | 60% | $74,850 | $156,250 | -52.1% |
| Lorain | 82 | 102 | -19.6% | $71,082.50 | $52,580 | 35.2% |
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