In November 2019, there were six homes sold, with a median sale price of $145,500 - a 1.7% increase over the $143,000 median sale price for the same period of the previous year. There were nine homes sold in Mentor-on-the-Lake in November 2018.
The median sales tax in Mentor-on-the-Lake for the most recent year with available data, 2015, was $4,466, approximately 3.1% of the median home sale price for November 2019.
The following table compares Mentor-on-the-Lake to other Lake County cities with similar median sales prices in November 2019:
| City | Nov. 2019 Home Sales | Nov. 2018 Home Sales | % change (Total Home Sales) | Nov. 2019 Median Sales Price | Nov. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Timberlake | 1 | 0 | - | $227,500 | $0 | - |
| Willoughby Hills | 7 | 11 | -36.4% | $209,000 | $195,000 | 7.2% |
| Madison | 10 | 10 | 0% | $159,500 | $143,750 | 11% |
| Mentor | 49 | 76 | -35.5% | $149,000 | $140,500 | 6% |
| Painesville | 71 | 79 | -10.1% | $149,000 | $137,700 | 8.2% |
| Mentor-on-the-Lake | 6 | 9 | -33.3% | $145,500 | $143,000 | 1.7% |
| North Madison | 9 | 16 | -43.8% | $135,000 | $122,450 | 10.2% |
| Willoughby | 24 | 25 | -4% | $131,950 | $118,500 | 11.4% |
| Wickliffe | 19 | 22 | -13.6% | $119,500 | $112,750 | 6% |
| Willowick | 22 | 25 | -12% | $118,000 | $120,000 | -1.7% |
| Fairport Harbor | 7 | 10 | -30% | $111,000 | $118,250 | -6.1% |
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