From July through September of 2019, there were 94 homes sold, with a median sale price of $144,200 - a 0.5% decrease over the $144,900 median sale price for the same period of the previous year. There were 107 homes sold in Willoughby in the third quarter of 2018.
The median sales tax in Willoughby for the most recent year with available data, 2015, was $3,736, approximately 2.6% of the median home sale price for the third quarter of 2019.
The following table compares Willoughby to other Lake County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Perry | 17 | 27 | -37% | $189,000 | $199,000 | -5% |
| Mentor | 270 | 274 | -1.5% | $175,450 | $155,350 | 12.9% |
| Madison | 48 | 38 | 26.3% | $160,000 | $136,450 | 17.3% |
| Lane | 4 | 1 | 300% | $160,000 | $86,000 | 86% |
| Painesville | 214 | 230 | -7% | $157,000 | $143,000 | 9.8% |
| Willoughby | 94 | 107 | -12.1% | $144,200 | $144,900 | -0.5% |
| Mentor-on-the-Lake | 32 | 34 | -5.9% | $138,450 | $131,500 | 5.3% |
| Timberlake | 2 | 5 | -60% | $137,450 | $106,600 | 28.9% |
| Wickliffe | 73 | 80 | -8.8% | $124,000 | $108,000 | 14.8% |
| Willowick | 84 | 65 | 29.2% | $123,700 | $123,000 | 0.6% |
| Eastlake | 76 | 83 | -8.4% | $122,250 | $92,500 | 32.2% |
Alerts Sign-up