In April 2020, there were 28 homes sold, with a median sale price of $146,000 - a 2.7% decrease over the $150,000 median sale price for the same period of the previous year. There were 27 homes sold in Willoughby in April 2019.
The median sales tax in Willoughby for the most recent year with available data, 2015, was $3,736, approximately 2.6% of the median home sale price for April 2020.
The following table compares Willoughby to other Lake County cities with similar median sales prices in April 2020:
| City | Apr. 2020 Home Sales | Apr. 2019 Home Sales | % change (Total Home Sales) | Apr. 2020 Median Sales Price | Apr. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grand River | 1 | 0 | - | $185,000 | $0 | - |
| Mentor | 61 | 83 | -26.5% | $180,000 | $177,000 | 1.7% |
| Painesville | 59 | 73 | -19.2% | $175,000 | $135,000 | 29.6% |
| Willoughby Hills | 9 | 11 | -18.2% | $169,000 | $222,500 | -24% |
| Madison | 15 | 8 | 87.5% | $151,500 | $148,500 | 2% |
| Willoughby | 28 | 27 | 3.7% | $146,000 | $150,000 | -2.7% |
| Wickliffe | 20 | 25 | -20% | $139,750 | $107,250 | 30.3% |
| North Madison | 16 | 16 | 0% | $138,125 | $117,000 | 18.1% |
| Mentor-on-the-Lake | 10 | 10 | 0% | $137,450 | $128,000 | 7.4% |
| Willowick | 21 | 30 | -30% | $136,500 | $121,000 | 12.8% |
| Fairport Harbor | 8 | 8 | 0% | $122,000 | $54,500 | 123.9% |
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