In February 2017, there were 12 homes sold, with a median sale price of $131,500 - a 48.3% increase over the $88,686 median sale price for the same period of the previous year. There were 10 homes sold in Amherst in February 2016.
The median sales tax in Amherst for the most recent year with available data, 2015, was $2,489, approximately 1.9% of the median home sale price for February 2017.
The following table compares Amherst to other Lorain County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Ridgeville | 32 | 38 | -15.8% | $164,700 | $180,660 | -8.8% |
| Avon Lake | 24 | 16 | 50% | $149,500 | $194,450 | -23.1% |
| Sheffield | 2 | 4 | -50% | $138,750 | $196,950 | -29.6% |
| Wellington | 13 | 13 | 0% | $135,000 | $135,000 | 0% |
| Grafton | 15 | 8 | 87.5% | $132,450 | $142,950 | -7.3% |
| Amherst | 12 | 10 | 20% | $131,500 | $88,685.50 | 48.3% |
| Vermilion | 7 | 12 | -41.7% | $130,000 | $127,000 | 2.4% |
| Pheasant Run | 1 | 0 | - | $90,000 | $0 | - |
| Sheffield Lake | 7 | 10 | -30% | $89,900 | $71,050 | 26.5% |
| Penfield Junction | 1 | 1 | 0% | $84,000 | $53,000 | 58.5% |
| Columbia Station | 6 | 6 | 0% | $83,000 | $123,500 | -32.8% |
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