From January through December of 2017, there were 879 homes sold, with a median sale price of $133,000. There were 815 homes sold in Painesville in 2016, and the median sales price for the period was also $133,000.
The median sales tax in Painesville for the most recent year with available data, 2015, was $4,252, approximately 3.2% of the median home sale price for 2017.
The following table compares Painesville to other Lake County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Willoughby Hills | 108 | 108 | 0% | $189,450 | $191,000 | -0.8% |
| North Perry | 86 | 74 | 16.2% | $167,000 | $170,000 | -1.8% |
| Mentor | 972 | 967 | 0.5% | $152,000 | $145,000 | 4.8% |
| Madison | 161 | 149 | 8.1% | $146,900 | $126,000 | 16.6% |
| Grand River | 12 | 6 | 100% | $137,900 | $108,950 | 26.6% |
| Painesville | 879 | 815 | 7.9% | $133,000 | $133,000 | 0% |
| Willoughby | 406 | 364 | 11.5% | $130,000 | $127,200 | 2.2% |
| Timberlake | 15 | 16 | -6.3% | $125,400 | $136,250 | -8% |
| Perry | 46 | 33 | 39.4% | $123,500 | $155,000 | -20.3% |
| Mentor-on-the-Lake | 138 | 127 | 8.7% | $120,000 | $116,500 | 3% |
| Willowick | 339 | 289 | 17.3% | $108,000 | $99,500 | 8.5% |
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