From October through December of 2017, there were 273 homes sold, with a median sale price of $71,000 - a 2.1% decrease over the $72,500 median sale price for the same period of the previous year. There were 169 homes sold in Elyria in the fourth quarter of 2016.
The median sales tax in Elyria for the most recent year with available data, 2015, was $1,722, approximately 2.4% of the median home sale price for the fourth quarter of 2017.
The following table compares Elyria to other Lorain County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Vermilion | 44 | 15 | 193.3% | $135,700 | $125,000 | 8.6% |
| Wellington | 28 | 21 | 33.3% | $134,000 | $130,000 | 3.1% |
| Oberlin | 31 | 22 | 40.9% | $120,000 | $83,000 | 44.6% |
| Eaton Estates | 3 | 10 | -70% | $103,500 | $66,500 | 55.6% |
| Sheffield Lake | 34 | 27 | 25.9% | $103,500 | $90,000 | 15% |
| Coonville | 2 | 1 | 100% | $87,500 | $68,257 | 28.2% |
| Pheasant Run | 11 | 5 | 120% | $83,000 | $62,500 | 32.8% |
| Elyria | 273 | 169 | 61.5% | $71,000 | $72,500 | -2.1% |
| Lorain | 237 | 189 | 25.4% | $54,000 | $53,960 | 0.1% |
| Penfield Junction | 1 | 4 | -75% | $40,000 | $61,570 | -35% |
| Vincent | 1 | 4 | -75% | $25,000 | $44,330 | -43.6% |
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