From January through December of 2018, there were six homes sold, with a median sale price of $76,500 - a 25.7% decrease over the $103,000 median sale price for the previous year. There were four homes sold in Painesville on-the-Lake in 2017.
The median sales tax in Painesville on-the-Lake for the most recent year with available data, 2015, was $2,156, approximately 2.8% of the median home sale price for 2018.
The following table compares Painesville on-the-Lake to other Lake County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mentor-on-the-Lake | 112 | 138 | -18.8% | $134,950 | $120,000 | 12.5% |
| Timberlake | 17 | 15 | 13.3% | $120,000 | $125,400 | -4.3% |
| Lane | 2 | 4 | -50% | $118,000 | $77,200 | 52.8% |
| Willowick | 272 | 339 | -19.8% | $116,900 | $108,000 | 8.2% |
| North Madison | 194 | 176 | 10.2% | $114,100 | $99,600 | 14.6% |
| Fairport Harbor | 68 | 78 | -12.8% | $104,500 | $89,900 | 16.2% |
| Wickliffe | 286 | 290 | -1.4% | $102,000 | $97,750 | 4.3% |
| Eastlake | 274 | 329 | -16.7% | $100,000 | $95,000 | 5.3% |
| Shoreland | 7 | 13 | -46.2% | $85,800 | $82,000 | 4.6% |
| Painesville on-the-Lake | 6 | 4 | 50% | $76,500 | $103,000 | -25.7% |
| Avenues Mobile Estates | 13 | 14 | -7.1% | $57,000 | $60,650 | -6% |
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