In June 2019, there were 13 homes sold, with a median sale price of $135,000 - a 6.1% decrease over the $143,800 median sale price for the same period of the previous year. There were nine homes sold in Mentor-on-the-Lake in June 2018.
The median sales tax in Mentor-on-the-Lake for the most recent year with available data, 2015, was $4,466, approximately 3.3% of the median home sale price for June 2019.
The following table compares Mentor-on-the-Lake to other Lake County cities with similar median sales prices in June 2019:
| City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Perry | 6 | 2 | 200% | $166,950 | $160,000 | 4.3% |
| Willoughby | 29 | 37 | -21.6% | $166,500 | $200,000 | -16.8% |
| Madison | 19 | 14 | 35.7% | $158,000 | $152,500 | 3.6% |
| Mentor | 85 | 104 | -18.3% | $152,000 | $184,250 | -17.5% |
| Lane | 1 | 0 | - | $149,000 | $0 | - |
| Mentor-on-the-Lake | 13 | 9 | 44.4% | $135,000 | $143,800 | -6.1% |
| Eastlake | 25 | 26 | -3.8% | $130,000 | $109,250 | 19% |
| Wickliffe | 19 | 29 | -34.5% | $122,360 | $99,900 | 22.5% |
| Willowick | 18 | 32 | -43.8% | $122,250 | $109,950 | 11.2% |
| Shoreland | 2 | 0 | - | $100,500 | $0 | - |
| North Madison | 17 | 18 | -5.6% | $98,000 | $119,500 | -18% |
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