From January through March of 2018, there were 85 homes sold, with a median sale price of $197,000 - a 1.5% decrease over the $200,000 median sale price for the same period of the previous year. There were 93 homes sold in Avon Lake in the first quarter of 2017.
The median sales tax in Avon Lake for the most recent year with available data, 2015, was $4,050, approximately 2.1% of the median home sale price for the first quarter of 2018.
The following table compares Avon Lake to other Lorain County cities with similar median sales prices in the first quarter of 2018:
City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Avon | 48 | 45 | 6.7% | $285,450 | $260,000 | 9.8% |
Avon Lake | 85 | 93 | -8.6% | $197,000 | $200,000 | -1.5% |
North Ridgeville | 118 | 127 | -7.1% | $180,000 | $170,000 | 5.9% |
LaGrange | 16 | 13 | 23.1% | $175,950 | $193,000 | -8.8% |
Columbia Station | 28 | 22 | 27.3% | $169,500 | $157,500 | 7.6% |
Sheffield | 8 | 10 | -20% | $162,000 | $130,900 | 23.8% |
Oberlin | 16 | 26 | -38.5% | $143,200 | $131,500 | 8.9% |
Amherst | 45 | 47 | -4.3% | $138,000 | $130,000 | 6.2% |
Wellington | 35 | 32 | 9.4% | $132,400 | $121,050 | 9.4% |
Grafton | 30 | 29 | 3.4% | $130,000 | $154,000 | -15.6% |
Brentwood Lake | 2 | 0 | - | $123,250 | $0 | - |