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Buckeye Reporter

Thursday, October 31, 2024

Coonville home prices fall in the first quarter of 2020

Realestate2

The median sale price of a home sold in the first quarter of 2020 in Coonville fell by $55,374 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2020, there were three homes sold, with a median sale price of $34,000 - a 62% decrease over the $89,374 median sale price for the same period of the previous year. There were two homes sold in Coonville in the first quarter of 2019.

The median sales tax in Coonville for the most recent year with available data, 2018, was $1,708, approximately 5% of the median home sale price for the first quarter of 2020.

The following table compares Coonville to other Lorain County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Brentwood Lake31200%$128,750$131,000-1.7%
Eaton Estates38-62.5%$111,500$93,95018.7%
Vermilion2224-8.3%$110,750$142,888.50-22.5%
Laporte30-$102,500$0-
Sheffield Lake2245-51.1%$101,903.50$91,00012%
Elyria2332205.9%$86,500$82,4504.9%
South Amherst82300%$83,000$70,50017.7%
Penfield Junction21100%$78,000$83,000-6%
Pheasant Run511-54.5%$70,000$112,000-37.5%
Lorain2562492.8%$57,000$53,0007.5%
Coonville3250%$34,000$89,374-62%

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