From January through March of 2017, there were seven homes sold, with a median sale price of $73,000. There were five homes sold in South Amherst in the first quarter of 2016, and the median sales price for the period was also $73,000.
The median sales tax in South Amherst for the most recent year with available data, 2015, was $1,564, approximately 2.1% of the median home sale price for the first quarter of 2017.
The following table compares South Amherst to other Lorain County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Vermilion | 22 | 23 | -4.3% | $127,500 | $138,000 | -7.6% |
| Wellington | 32 | 26 | 23.1% | $121,050 | $116,000 | 4.4% |
| Pheasant Run | 3 | 3 | 0% | $90,000 | $13,000 | 592.3% |
| Penfield Junction | 4 | 1 | 300% | $86,500 | $53,000 | 63.2% |
| Sheffield Lake | 40 | 20 | 100% | $79,750 | $76,865 | 3.8% |
| South Amherst | 7 | 5 | 40% | $73,000 | $73,000 | 0% |
| Elyria | 200 | 117 | 70.9% | $69,950 | $62,830 | 11.3% |
| Lorain | 210 | 151 | 39.1% | $52,720 | $50,000 | 5.4% |
| Eaton Estates | 9 | 2 | 350% | $45,000 | $99,250 | -54.7% |
| Vincent | 1 | 2 | -50% | $40,000 | $37,500 | 6.7% |
| Coonville | 2 | 1 | 100% | $35,000 | $68,500 | -48.9% |
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