In August 2018, there were 26 homes sold, with a median sale price of $118,000. There were 17 homes sold in North Madison in August 2017, and the median sales price for the period was also $118,000.
The median sales tax in North Madison for the most recent year with available data, 2015, was $3,378, approximately 2.9% of the median home sale price for August 2018.
The following table compares North Madison to other Lake County cities with similar median sales prices in August 2018:
City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Madison | 19 | 21 | -9.5% | $132,500 | $164,900 | -19.6% |
Willowick | 23 | 37 | -37.8% | $130,900 | $99,900 | 31% |
Mentor-on-the-Lake | 9 | 21 | -57.1% | $130,000 | $118,000 | 10.2% |
Painesville | 92 | 97 | -5.2% | $128,500 | $147,900 | -13.1% |
Fairport Harbor | 3 | 8 | -62.5% | $128,000 | $96,050 | 33.3% |
North Madison | 26 | 17 | 52.9% | $118,000 | $118,000 | 0% |
Perry | 3 | 7 | -57.1% | $110,000 | $127,000 | -13.4% |
Avenues Mobile Estates | 2 | 0 | - | $96,000 | $0 | - |
Eastlake | 27 | 33 | -18.2% | $95,000 | $100,000 | -5% |
Wickliffe | 26 | 24 | 8.3% | $91,450 | $97,500 | -6.2% |
Painesville on-the-Lake | 3 | 1 | 200% | $80,000 | $16,300 | 390.8% |