In January 2020, there were 10 homes sold, with a median sale price of $70,000 - a 53.8% decrease over the $151,500 median sale price for the same period of the previous year. There were six homes sold in North Madison in January 2019.
The median sales tax in North Madison for the most recent year with available data, 2015, was $3,378, approximately 4.8% of the median home sale price for January 2020.
The following table compares North Madison to other Lake County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kirtland | 4 | 2 | 100% | $130,750 | $332,500 | -60.7% |
| Willoughby | 19 | 18 | 5.6% | $125,900 | $152,000 | -17.2% |
| Willoughby Hills | 2 | 5 | -60% | $122,000 | $369,000 | -66.9% |
| Perry | 1 | 1 | 0% | $117,000 | $54,000 | 116.7% |
| Willowick | 14 | 20 | -30% | $116,500 | $112,750 | 3.3% |
| Wickliffe | 20 | 15 | 33.3% | $115,000 | $85,000 | 35.3% |
| Eastlake | 17 | 23 | -26.1% | $100,000 | $102,000 | -2% |
| Fairport Harbor | 5 | 4 | 25% | $99,500 | $44,000 | 126.1% |
| Grand River | 1 | 1 | 0% | $80,000 | $205,000 | -61% |
| North Madison | 10 | 6 | 66.7% | $70,000 | $151,500 | -53.8% |
| Shoreland | 2 | 0 | - | $45,000 | $0 | - |
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