Adobe Stock
Adobe Stock
In March 2020, there were nine homes sold, with a median sale price of $150,001 - a 100.4% increase over the $74,850 median sale price for the same period of the previous year. There were 16 homes sold in Oberlin in March 2019.
The median sales tax in Oberlin for the most recent year with available data, 2018, was $2,573, approximately 1.7% of the median home sale price for March 2020.
The following table compares Oberlin to other Lorain County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Columbia Station | 6 | 3 | 100% | $254,000 | $86,100 | 195% |
| Sheffield | 1 | 2 | -50% | $238,500 | $160,000 | 49.1% |
| Brentwood Lake | 1 | 1 | 0% | $234,900 | $131,000 | 79.3% |
| Avon Lake | 35 | 28 | 25% | $220,000 | $222,500 | -1.1% |
| North Ridgeville | 43 | 50 | -14% | $187,500 | $198,950 | -5.8% |
| Oberlin | 9 | 16 | -43.8% | $150,001 | $74,850 | 100.4% |
| Wellington | 3 | 13 | -76.9% | $149,000 | $155,000 | -3.9% |
| Grafton | 5 | 7 | -28.6% | $135,000 | $150,000 | -10% |
| Vermilion | 8 | 4 | 100% | $127,000 | $194,750 | -34.8% |
| Amherst | 20 | 16 | 25% | $125,000 | $156,250 | -20% |
| Coonville | 1 | 1 | 0% | $110,000 | $170,000 | -35.3% |
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