From January through June of 2018, there were two homes sold, with a median sale price of $54,600 - a 52.1% decrease over the $114,000 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 2017, as well.
The median sales tax in Painesville on-the-Lake for the most recent year with available data, 2015, was $2,156, approximately 3.9% of the median home sale price for the first half of 2018.
The following table compares Painesville on-the-Lake to other Lake County cities with similar median sales prices in the first half of 2018:
| City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mentor-on-the-Lake | 51 | 70 | -27.1% | $133,000 | $124,500 | 6.8% |
| Grand River | 7 | 5 | 40% | $130,000 | $125,000 | 4% |
| Timberlake | 6 | 7 | -14.3% | $116,300 | $124,900 | -6.9% |
| North Madison | 82 | 87 | -5.7% | $114,600 | $93,500 | 22.6% |
| Willowick | 141 | 163 | -13.5% | $113,000 | $107,000 | 5.6% |
| Eastlake | 120 | 147 | -18.4% | $104,700 | $94,900 | 10.3% |
| Fairport Harbor | 31 | 42 | -26.2% | $102,500 | $85,000 | 20.6% |
| Wickliffe | 143 | 141 | 1.4% | $98,000 | $92,000 | 6.5% |
| Shoreland | 1 | 10 | -90% | $70,000 | $83,150 | -15.8% |
| Avenues Mobile Estates | 6 | 6 | 0% | $60,500 | $70,650 | -14.4% |
| Painesville on-the-Lake | 2 | 2 | 0% | $54,600 | $114,000 | -52.1% |
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