From July through December of 2019, there were 198 homes sold, with a median sale price of $163,950 - a 4.8% increase over the $156,500 median sale price for the same period of the previous year. There were 116 homes sold in Amherst in the second half of 2018.
The median sales tax in Amherst for the most recent year with available data, 2018, was $2,507, approximately 1.5% of the median home sale price for the second half of 2019.
The following table compares Amherst to other Lorain County cities with similar median sales prices in the second half of 2019:
City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sheffield | 35 | 34 | 2.9% | $195,000 | $214,450 | -9.1% |
LaGrange | 29 | 24 | 20.8% | $190,000 | $179,500 | 5.8% |
North Ridgeville | 346 | 301 | 15% | $186,250 | $180,000 | 3.5% |
Oberlin | 75 | 56 | 33.9% | $166,000 | $148,250 | 12% |
Vermilion | 67 | 55 | 21.8% | $165,000 | $120,000 | 37.5% |
Amherst | 198 | 116 | 70.7% | $163,950 | $156,500 | 4.8% |
Grafton | 81 | 65 | 24.6% | $150,000 | $154,000 | -2.6% |
Wellington | 79 | 62 | 27.4% | $145,000 | $148,450 | -2.3% |
South Amherst | 19 | 15 | 26.7% | $124,000 | $150,000 | -17.3% |
Sheffield Lake | 104 | 91 | 14.3% | $122,000 | $114,900 | 6.2% |
Brentwood Lake | 8 | 2 | 300% | $116,000 | $125,750 | -7.8% |