In July 2017, there were 81 homes sold, with a median sale price of $130,000 - a 13.3% decrease over the $149,900 median sale price for the same period of the previous year. There were 85 homes sold in Painesville in July 2016.
The median sales tax in Painesville for the most recent year with available data, 2015, was $4,252, approximately 3.3% of the median home sale price for July 2017.
The following table compares Painesville to other Lake County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Madison | 15 | 16 | -6.3% | $179,400 | $119,500 | 50.1% |
| Mentor | 82 | 103 | -20.4% | $167,000 | $155,000 | 7.7% |
| Willoughby | 41 | 30 | 36.7% | $148,500 | $148,500 | 0% |
| Timberlake | 2 | 3 | -33.3% | $138,500 | $114,900 | 20.5% |
| Perry | 2 | 1 | 100% | $132,150 | $17,500 | 655.1% |
| Painesville | 81 | 85 | -4.7% | $130,000 | $149,900 | -13.3% |
| Mentor-on-the-Lake | 10 | 15 | -33.3% | $128,450 | $108,800 | 18.1% |
| Eastlake | 24 | 28 | -14.3% | $120,000 | $103,450 | 16% |
| Willowick | 32 | 24 | 33.3% | $115,450 | $99,500 | 16% |
| Wickliffe | 21 | 21 | 0% | $112,500 | $99,500 | 13.1% |
| Avenues Mobile Estates | 1 | 0 | - | $104,000 | $0 | - |
Alerts Sign-up