In December 2020, there were 35 homes sold, with a median sale price of $137,240 - a 5.6% decrease over the $145,344 median sale price for the same period of the previous year. There were 23 homes sold in Willoughby in December 2019.
The median sales tax in Willoughby for the most recent year with available data, 2019, was $4,143, approximately 3% of the median home sale price for December 2020.
The following table compares Willoughby to other Lake County cities with similar median sale prices in December 2020:
City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Grand River | 1 | 0 | - | $180,000 | $0 | - |
Painesville | 71 | 69 | 2.9% | $173,000 | $129,000 | 34.1% |
Mentor | 81 | 59 | 37.3% | $167,500 | $150,000 | 11.7% |
Willowick | 29 | 26 | 11.5% | $139,900 | $127,000 | 10.2% |
Wickliffe | 27 | 16 | 68.8% | $139,000 | $99,750 | 39.3% |
Willoughby | 35 | 23 | 52.2% | $137,240 | $145,344 | -5.6% |
Eastlake | 24 | 25 | -4% | $126,950 | $113,000 | 12.3% |
North Madison | 12 | 14 | -14.3% | $122,500 | $91,250 | 34.2% |
Mentor-on-the-Lake | 10 | 10 | 0% | $122,450 | $159,700 | -23.3% |
Fairport Harbor | 8 | 7 | 14.3% | $92,500 | $119,000 | -22.3% |
Painesville on-the-Lake | 1 | 1 | 0% | $89,900 | $20,000 | 349.5% |