In May 2019, there were 75 homes sold, with a median sale price of $146,500 - a 27.4% increase over the $115,000 median sale price for the same period of the previous year. There were 53 homes sold in Painesville in May 2018.
The median sales tax in Painesville for the most recent year with available data, 2015, was $4,253, approximately 2.9% of the median home sale price for May 2019.
The following table compares Painesville to other Lake County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kirtland | 10 | 3 | 233.3% | $232,000 | $226,000 | 2.7% |
| Willoughby Hills | 12 | 8 | 50% | $223,000 | $252,000 | -11.5% |
| Grand River | 2 | 1 | 100% | $172,500 | $178,000 | -3.1% |
| Mentor | 97 | 97 | 0% | $155,000 | $166,600 | -7% |
| Madison | 17 | 13 | 30.8% | $147,650 | $120,000 | 23% |
| Painesville | 75 | 53 | 41.5% | $146,500 | $115,000 | 27.4% |
| Willoughby | 36 | 37 | -2.7% | $136,750 | $126,500 | 8.1% |
| Shoreland | 1 | 0 | - | $135,900 | $0 | - |
| North Perry | 5 | 5 | 0% | $135,000 | $154,900 | -12.8% |
| Mentor-on-the-Lake | 10 | 10 | 0% | $131,500 | $142,500 | -7.7% |
| Fairport Harbor | 7 | 3 | 133.3% | $122,000 | $119,000 | 2.5% |
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