From July through September of 2018, there were 83 homes sold, with a median sale price of $92,500 - a 7.5% decrease over the $99,950 median sale price for the same period of the previous year. There were 94 homes sold in Eastlake in the third quarter of 2017.
The median sales tax in Eastlake for the most recent year with available data, 2015, was $3,209, approximately 3.5% of the median home sale price for the third quarter of 2018.
The following table compares Eastlake to other Lake County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Willowick | 65 | 95 | -31.6% | $123,000 | $110,000 | 11.8% |
| Perry | 8 | 16 | -50% | $122,000 | $136,500 | -10.6% |
| North Madison | 62 | 50 | 24% | $121,500 | $112,000 | 8.5% |
| Wickliffe | 80 | 74 | 8.1% | $108,000 | $100,000 | 8% |
| Timberlake | 5 | 5 | 0% | $106,600 | $130,000 | -18% |
| Fairport Harbor | 17 | 24 | -29.2% | $106,000 | $96,050 | 10.4% |
| Eastlake | 83 | 94 | -11.7% | $92,500 | $99,950 | -7.5% |
| Lane | 1 | 1 | 0% | $86,000 | $169,000 | -49.1% |
| Painesville on-the-Lake | 3 | 1 | 200% | $80,000 | $16,300 | 390.8% |
| Shoreland | 2 | 2 | 0% | $79,000 | $110,750 | -28.7% |
| Avenues Mobile Estates | 6 | 2 | 200% | $55,700 | $76,000 | -26.7% |
Alerts Sign-up