In November 2017, there were 14 homes sold, with a median sale price of $149,450 - a 44.1% increase over the $103,725 median sale price for the same period of the previous year. There were eight homes sold in Vermilion in November 2016.
The median sales tax in Vermilion for the most recent year with available data, 2015, was $2,212, approximately 1.5% of the median home sale price for November 2017.
The following table compares Vermilion to other Lorain County cities with similar median sales prices in November 2017:
| City | Nov. 2017 Home Sales | Nov. 2016 Home Sales | % change (Total Home Sales) | Nov. 2017 Median Sales Price | Nov. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Avon | 31 | 29 | 6.9% | $245,000 | $260,000 | -5.8% |
| Grafton | 20 | 13 | 53.8% | $211,250 | $147,500 | 43.2% |
| Brentwood Lake | 1 | 1 | 0% | $189,900 | $129,500 | 46.6% |
| North Ridgeville | 61 | 44 | 38.6% | $179,000 | $161,000 | 11.2% |
| Columbia Station | 9 | 4 | 125% | $161,900 | $78,050 | 107.4% |
| Vermilion | 14 | 8 | 75% | $149,450 | $103,725 | 44.1% |
| LaGrange | 5 | 3 | 66.7% | $148,000 | $282,000 | -47.5% |
| Amherst | 20 | 29 | -31% | $146,500 | $155,000 | -5.5% |
| Sheffield | 8 | 4 | 100% | $145,500 | $240,250 | -39.4% |
| Pheasant Run | 3 | 1 | 200% | $141,000 | $53,000 | 166% |
| Wellington | 8 | 8 | 0% | $140,950 | $82,750 | 70.3% |
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