From January through December of 2019, there were 113 homes sold, with a median sale price of $133,725 - a 0.9% decrease over the $134,950 median sale price for the previous year. There were 112 homes sold in Mentor-on-the-Lake in 2018.
The median sales tax in Mentor-on-the-Lake for the most recent year with available data, 2015, was $4,466, approximately 3.3% of the median home sale price for 2019.
The following table compares Mentor-on-the-Lake to other Lake County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Madison | 144 | 135 | 6.7% | $158,500 | $137,000 | 15.7% |
| Lane | 10 | 2 | 400% | $155,500 | $118,000 | 31.8% |
| Willoughby | 343 | 353 | -2.8% | $147,000 | $145,000 | 1.4% |
| Timberlake | 9 | 17 | -47.1% | $146,000 | $120,000 | 21.7% |
| Painesville | 801 | 742 | 8% | $144,900 | $138,250 | 4.8% |
| Mentor-on-the-Lake | 113 | 112 | 0.9% | $133,725 | $134,950 | -0.9% |
| Willowick | 271 | 272 | -0.4% | $120,000 | $116,900 | 2.7% |
| North Madison | 146 | 194 | -24.7% | $115,400 | $114,100 | 1.1% |
| Wickliffe | 271 | 286 | -5.2% | $115,000 | $102,000 | 12.7% |
| Eastlake | 296 | 274 | 8% | $112,900 | $100,000 | 12.9% |
| Fairport Harbor | 80 | 68 | 17.6% | $103,500 | $104,500 | -1% |
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