From January through June of 2017, there were 473 homes sold, with a median sale price of $75,000 - a 6.1% decrease over the $79,900 median sale price for the same period of the previous year. There were 289 homes sold in Elyria in the first half of 2016.
The median sales tax in Elyria for the most recent year with available data, 2015, was $1,722, approximately 2.3% of the median home sale price for the first half of 2017.
The following table compares Elyria to other Lorain County cities with similar median sales prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oberlin | 56 | 32 | 75% | $119,450 | $108,700 | 9.9% |
| Vermilion | 57 | 50 | 14% | $112,000 | $143,500 | -22% |
| Pheasant Run | 17 | 7 | 142.9% | $108,500 | $46,000 | 135.9% |
| Laporte | 4 | 0 | - | $94,500 | $0 | - |
| Sheffield Lake | 89 | 50 | 78% | $85,500 | $82,500 | 3.6% |
| Elyria | 473 | 289 | 63.7% | $75,000 | $79,900 | -6.1% |
| South Amherst | 14 | 11 | 27.3% | $69,044.50 | $97,000 | -28.8% |
| Penfield Junction | 8 | 2 | 300% | $61,000 | $84,750 | -28% |
| Lorain | 476 | 305 | 56.1% | $60,000 | $57,000 | 5.3% |
| Eaton Estates | 17 | 10 | 70% | $45,000 | $79,000 | -43% |
| Vincent | 6 | 2 | 200% | $32,599.50 | $37,500 | -13.1% |
Alerts Sign-up