In July 2021, there were 23 homes sold, with a median sale price of $159,900 - a 14.3% increase over the $139,900 median sale price for the same period of the previous year. There were 15 homes sold in North Madison in July 2020.
The median sales tax in North Madison for the most recent year with available data, 2019, was $3,964, approximately 2.5% of the median home sale price for July 2021.
The following table compares North Madison to other Lake County cities with similar median sale prices in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Madison | 13 | 16 | -18.8% | $194,000 | $157,450 | 23.2% |
| Willoughby | 47 | 44 | 6.8% | $190,000 | $171,500 | 10.8% |
| Painesville | 92 | 87 | 5.7% | $180,000 | $148,800 | 21% |
| Mentor-on-the-Lake | 16 | 9 | 77.8% | $172,500 | $141,000 | 22.3% |
| Perry | 3 | 3 | 0% | $170,000 | $200,000 | -15% |
| North Madison | 23 | 15 | 53.3% | $159,900 | $139,900 | 14.3% |
| Avenues Mobile Estates | 1 | 1 | 0% | $155,900 | $63,494 | 145.5% |
| Willowick | 27 | 38 | -28.9% | $150,000 | $132,000 | 13.6% |
| Wickliffe | 34 | 43 | -20.9% | $144,750 | $140,000 | 3.4% |
| Eastlake | 36 | 22 | 63.6% | $140,000 | $137,450 | 1.9% |
| Fairport Harbor | 11 | 6 | 83.3% | $125,000 | $106,125 | 17.8% |
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