In February 2020, there were 66 homes sold, with a median sale price of $87,750 - a 20.4% increase over the $72,900 median sale price for the same period of the previous year. There were 69 homes sold in Elyria in February 2019.
The median sales tax in Elyria for the most recent year with available data, 2018, was $1,844, approximately 2.1% of the median home sale price for February 2020.
The following table compares Elyria to other Lorain County cities with similar median sales prices in February 2020:
| City | Feb. 2020 Home Sales | Feb. 2019 Home Sales | % change (Total Home Sales) | Feb. 2020 Median Sales Price | Feb. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sheffield Lake | 7 | 14 | -50% | $138,975 | $86,500 | 60.7% |
| Sheffield | 6 | 3 | 100% | $131,333 | $135,000 | -2.7% |
| Brentwood Lake | 1 | 0 | - | $128,750 | $0 | - |
| Eaton Estates | 1 | 4 | -75% | $120,000 | $101,500 | 18.2% |
| Wellington | 9 | 6 | 50% | $117,100 | $56,140 | 108.6% |
| Columbia Station | 5 | 6 | -16.7% | $100,000 | $195,000 | -48.7% |
| Penfield Junction | 1 | 0 | - | $91,000 | $0 | - |
| Elyria | 66 | 69 | -4.3% | $87,750 | $72,900 | 20.4% |
| Pheasant Run | 1 | 3 | -66.7% | $70,000 | $148,000 | -52.7% |
| Lorain | 70 | 91 | -23.1% | $66,250 | $52,000 | 27.4% |
| Coonville | 1 | 1 | 0% | $34,000 | $8,748 | 288.7% |
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