In July 2017, there were 41 homes sold, with a median sale price of $148,500. There were 30 homes sold in Willoughby in July 2016, and the median sales price for the period was also $148,500.
The median sales tax in Willoughby for the most recent year with available data, 2015, was $3,736, approximately 2.5% of the median home sale price for July 2017.
The following table compares Willoughby 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) |
|---|---|---|---|---|---|---|
| Kirtland | 4 | 11 | -63.6% | $308,000 | $170,000 | 81.2% |
| Willoughby Hills | 10 | 16 | -37.5% | $276,000 | $184,000 | 50% |
| North Perry | 6 | 8 | -25% | $188,000 | $184,500 | 1.9% |
| 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% |
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