In December 2018, there were 55 homes sold, with a median sale price of $153,000 - a 25.3% increase over the $122,100 median sale price for the same period of the previous year. There were 63 homes sold in Painesville in December 2017.
The median sales tax in Painesville for the most recent year with available data, 2015, was $4,253, approximately 2.8% of the median home sale price for December 2018.
The following table compares Painesville to other Lake County cities with similar median sales prices in December 2018:
| City | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kirtland | 11 | 5 | 120% | $227,000 | $240,000 | -5.4% |
| Madison | 4 | 12 | -66.7% | $206,000 | $124,000 | 66.1% |
| North Perry | 7 | 6 | 16.7% | $200,000 | $142,500 | 40.4% |
| Timberlake | 2 | 2 | 0% | $181,500 | $105,450 | 72.1% |
| Willoughby Hills | 6 | 14 | -57.1% | $175,150 | $185,000 | -5.3% |
| Painesville | 55 | 63 | -12.7% | $153,000 | $122,100 | 25.3% |
| Willoughby | 28 | 29 | -3.4% | $151,000 | $134,000 | 12.7% |
| Mentor | 64 | 76 | -15.8% | $148,250 | $153,000 | -3.1% |
| Mentor-on-the-Lake | 11 | 8 | 37.5% | $137,500 | $129,000 | 6.6% |
| Wickliffe | 24 | 25 | -4% | $121,250 | $106,000 | 14.4% |
| Willowick | 11 | 28 | -60.7% | $118,000 | $110,450 | 6.8% |
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