From January through December of 2017, there were 133 homes sold, with a median sale price of $123,500 - a 18.3% increase over the $104,375 median sale price for the previous year. There were 70 homes sold in Oberlin in 2016.
The median sales tax in Oberlin for the most recent year with available data, 2015, was $2,304, approximately 1.9% of the median home sale price for 2017.
The following table compares Oberlin to other Lorain County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sheffield | 55 | 30 | 83.3% | $150,000 | $202,500 | -25.9% |
| Amherst | 296 | 202 | 46.5% | $144,700 | $142,500 | 1.5% |
| Vermilion | 143 | 88 | 62.5% | $134,500 | $143,500 | -6.3% |
| Brentwood Lake | 9 | 4 | 125% | $130,000 | $147,450 | -11.8% |
| Wellington | 142 | 98 | 44.9% | $127,500 | $127,000 | 0.4% |
| Oberlin | 133 | 70 | 90% | $123,500 | $104,375 | 18.3% |
| Pheasant Run | 38 | 15 | 153.3% | $94,750 | $53,000 | 78.8% |
| Laporte | 4 | 4 | 0% | $94,500 | $105,950 | -10.8% |
| Sheffield Lake | 171 | 101 | 69.3% | $90,000 | $86,500 | 4% |
| South Amherst | 31 | 20 | 55% | $90,000 | $97,000 | -7.2% |
| Elyria | 1,052 | 580 | 81.4% | $76,000 | $76,000 | 0% |
Alerts Sign-up