From July through December of 2018, there were four homes sold, with a median sale price of $82,450 - a 14.3% increase over the $72,150 median sale price for the same period of the previous year. There were two homes sold in Painesville on-the-Lake in the second half of 2017.
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 second half of 2018.
The following table compares Painesville on-the-Lake to other Lake County cities with similar median sales prices in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Madison | 64 | 101 | -36.6% | $131,250 | $145,000 | -9.5% |
| Timberlake | 11 | 8 | 37.5% | $120,000 | $127,700 | -6% |
| Willowick | 131 | 176 | -25.6% | $120,000 | $109,450 | 9.6% |
| North Madison | 112 | 89 | 25.8% | $113,500 | $108,000 | 5.1% |
| Fairport Harbor | 37 | 36 | 2.8% | $106,000 | $93,750 | 13.1% |
| Wickliffe | 143 | 149 | -4% | $105,500 | $103,000 | 2.4% |
| Shoreland | 6 | 3 | 100% | $96,900 | $71,500 | 35.5% |
| Eastlake | 154 | 182 | -15.4% | $96,500 | $95,000 | 1.6% |
| Lane | 1 | 2 | -50% | $86,000 | $144,500 | -40.5% |
| Painesville on-the-Lake | 4 | 2 | 100% | $82,450 | $72,150 | 14.3% |
| Avenues Mobile Estates | 7 | 8 | -12.5% | $57,000 | $51,500 | 10.7% |
Alerts Sign-up