From January through June of 2019, there were two homes sold, with a median sale price of $81,500 - a 49.3% increase over the $54,600 median sale price for the same period of the previous year. There were two homes sold in Painesville on-the-Lake in the first half of 2018, as well.
The median sales tax in Painesville on-the-Lake for the most recent year with available data, 2015, was $2,156, approximately 2.6% of the median home sale price for the first half of 2019.
The following table compares Painesville on-the-Lake to other Lake County cities with similar median sales prices in the first half of 2019:
| City | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Painesville | 376 | 308 | 22.1% | $137,700 | $136,650 | 0.8% |
| Mentor-on-the-Lake | 53 | 51 | 3.9% | $122,850 | $133,000 | -7.6% |
| North Madison | 75 | 82 | -8.5% | $117,000 | $114,600 | 2.1% |
| Willowick | 124 | 141 | -12.1% | $117,000 | $113,000 | 3.5% |
| Wickliffe | 135 | 143 | -5.6% | $114,000 | $98,000 | 16.3% |
| Eastlake | 145 | 120 | 20.8% | $112,800 | $104,700 | 7.7% |
| Fairport Harbor | 39 | 31 | 25.8% | $98,000 | $102,500 | -4.4% |
| Shoreland | 4 | 1 | 300% | $95,950 | $70,000 | 37.1% |
| Painesville on-the-Lake | 2 | 2 | 0% | $81,500 | $54,600 | 49.3% |
| Timberlake | 5 | 6 | -16.7% | $68,000 | $116,300 | -41.5% |
| Avenues Mobile Estates | 10 | 6 | 66.7% | $45,500 | $60,500 | -24.8% |
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