In June 2018, there were 37 homes sold, with a median sale price of $200,000 - a 53.8% increase over the $130,000 median sale price for the same period of the previous year. There were 39 homes sold in Willoughby in June 2017.
The median sales tax in Willoughby for the most recent year with available data, 2015, was $3,736, approximately 1.9% of the median home sale price for June 2018.
The following table compares Willoughby to other Lake County cities with similar median sales prices in June 2018:
City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Kirtland | 14 | 15 | -6.7% | $369,750 | $180,000 | 105.4% |
North Perry | 10 | 11 | -9.1% | $214,500 | $225,000 | -4.7% |
Kirtland Hills | 1 | 1 | 0% | $210,000 | $315,000 | -33.3% |
Willoughby | 37 | 39 | -5.1% | $200,000 | $130,000 | 53.8% |
Willoughby Hills | 13 | 9 | 44.4% | $188,500 | $160,000 | 17.8% |
Mentor | 104 | 120 | -13.3% | $184,250 | $167,000 | 10.3% |
Painesville | 91 | 94 | -3.2% | $164,900 | $136,000 | 21.3% |
Perry | 2 | 8 | -75% | $160,000 | $133,950 | 19.4% |
Madison | 14 | 16 | -12.5% | $152,500 | $128,500 | 18.7% |
Mentor-on-the-Lake | 9 | 17 | -47.1% | $143,800 | $125,000 | 15% |
North Madison | 18 | 18 | 0% | $119,500 | $67,750 | 76.4% |