From January through March of 2019, there were 28 homes sold, with a median sale price of $97,000 - a 32.3% decrease over the $143,200 median sale price for the same period of the previous year. There were 16 homes sold in Oberlin in the first quarter of 2018.
The median sales tax in Oberlin for the most recent year with available data, 2015, was $2,304, approximately 2.4% of the median home sale price for the first quarter of 2019.
The following table compares Oberlin to other Lorain County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Amherst | 34 | 45 | -24.4% | $143,000 | $138,000 | 3.6% |
| Vermilion | 23 | 29 | -20.7% | $135,777 | $87,900 | 54.5% |
| Wellington | 26 | 35 | -25.7% | $133,600 | $132,400 | 0.9% |
| Brentwood Lake | 1 | 2 | -50% | $131,000 | $123,250 | 6.3% |
| Pheasant Run | 11 | 8 | 37.5% | $112,000 | $63,500 | 76.4% |
| Oberlin | 28 | 16 | 75% | $97,000 | $143,200 | -32.3% |
| Eaton Estates | 8 | 2 | 300% | $93,950 | $90,848 | 3.4% |
| Sheffield Lake | 45 | 38 | 18.4% | $91,000 | $88,200 | 3.2% |
| Coonville | 2 | 1 | 100% | $89,374 | $62,000 | 44.2% |
| Penfield Junction | 1 | 7 | -85.7% | $83,000 | $78,000 | 6.4% |
| Elyria | 218 | 209 | 4.3% | $81,700 | $81,500 | 0.2% |
Alerts Sign-up