From April through June of 2017, there were 225 homes sold, with a median sale price of $175,000 - a 5.1% increase over the $166,500 median sale price for the same period of the previous year. There were 137 homes sold in North Ridgeville in the second quarter of 2016.
The median sales tax in North Ridgeville for the most recent year with available data, 2015, was $3,044, approximately 1.7% of the median home sale price for the second quarter of 2017.
The following table compares North Ridgeville to other Lorain County cities with similar median sales prices in the second quarter of 2017:
City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Avon | 131 | 63 | 107.9% | $280,000 | $289,900 | -3.4% |
Avon Lake | 166 | 106 | 56.6% | $246,500 | $209,000 | 17.9% |
North Ridgeville | 225 | 137 | 64.2% | $175,000 | $166,500 | 5.1% |
Grafton | 44 | 25 | 76% | $158,300 | $144,000 | 9.9% |
Sheffield | 15 | 11 | 36.4% | $153,200 | $190,000 | -19.4% |
Brentwood Lake | 3 | 0 | - | $152,000 | $0 | - |
LaGrange | 16 | 21 | -23.8% | $145,500 | $170,000 | -14.4% |
Amherst | 77 | 62 | 24.2% | $142,500 | $149,200 | -4.5% |
Columbia Station | 44 | 25 | 76% | $135,250 | $205,000 | -34% |
Wellington | 47 | 32 | 46.9% | $126,400 | $113,000 | 11.9% |
Pheasant Run | 14 | 4 | 250% | $114,200 | $90,000 | 26.9% |