In August 2017, there were 13 homes sold, with a median sale price of $114,000 - a 32.9% decrease over the $170,000 median sale price for the same period of the previous year. There were five homes sold in Wellington in August 2016.
The median sales tax in Wellington for the most recent year with available data, 2015, was $2,301, approximately 2% of the median home sale price for August 2017.
The following table compares Wellington to other Lorain County cities with similar median sales prices in August 2017:
City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Amherst | 38 | 19 | 100% | $148,450 | $158,500 | -6.3% |
Oberlin | 19 | 6 | 216.7% | $142,000 | $118,500 | 19.8% |
Coonville | 2 | 0 | - | $132,710 | $0 | - |
Vermilion | 12 | 7 | 71.4% | $127,750 | $240,000 | -46.8% |
Pheasant Run | 2 | 1 | 100% | $114,800 | $130,000 | -11.7% |
Wellington | 13 | 5 | 160% | $114,000 | $170,000 | -32.9% |
Columbia Station | 6 | 4 | 50% | $104,200 | $102,730 | 1.4% |
Sheffield Lake | 15 | 6 | 150% | $99,000 | $100,250 | -1.2% |
Elyria | 114 | 31 | 267.7% | $97,932.50 | $74,500 | 31.5% |
Brentwood Lake | 1 | 1 | 0% | $75,000 | $175,000 | -57.1% |
Eaton Estates | 2 | 2 | 0% | $73,240 | $42,500 | 72.3% |