In September 2018, there were 11 homes sold, with a median sale price of $94,000 - a 49.3% decrease over the $185,500 median sale price for the same period of the previous year. There were 15 homes sold in Vermilion in September 2017.
The median sales tax in Vermilion for the most recent year with available data, 2015, was $2,212, approximately 2.4% of the median home sale price for September 2018.
The following table compares Vermilion to other Lorain County cities with similar median sales prices in September 2018:
| City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wellington | 13 | 16 | -18.8% | $154,000 | $152,750 | 0.8% |
| Pheasant Run | 1 | 3 | -66.7% | $152,000 | $134,000 | 13.4% |
| South Amherst | 1 | 3 | -66.7% | $146,000 | $91,500 | 59.6% |
| Amherst | 31 | 27 | 14.8% | $144,500 | $144,900 | -0.3% |
| Coonville | 1 | 1 | 0% | $130,000 | $110,000 | 18.2% |
| Elyria | 68 | 87 | -21.8% | $113,450 | $80,000 | 41.8% |
| Sheffield Lake | 20 | 21 | -4.8% | $95,000 | $87,000 | 9.2% |
| Vermilion | 11 | 15 | -26.7% | $94,000 | $185,500 | -49.3% |
| Eaton Estates | 1 | 4 | -75% | $85,000 | $89,000 | -4.5% |
| Lorain | 90 | 91 | -1.1% | $75,150 | $60,000 | 25.3% |
| Vincent | 1 | 0 | - | $60,800 | $0 | - |
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