From April through June of 2018, there were 25 homes sold, with a median sale price of $195,000 - a 1.3% decrease over the $197,500 median sale price for the same period of the previous year. There were 28 homes sold in Willoughby Hills in the second quarter of 2017.
The median sales tax in Willoughby Hills for the most recent year with available data, 2015, was $5,519, approximately 2.8% of the median home sale price for the second quarter of 2018.
The following table compares Willoughby Hills to other Lake County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kirtland | 24 | 26 | -7.7% | $252,450 | $200,000 | 26.2% |
| Kirtland Hills | 1 | 4 | -75% | $210,000 | $387,500 | -45.8% |
| North Perry | 18 | 30 | -40% | $196,000 | $182,750 | 7.3% |
| Willoughby Hills | 25 | 28 | -10.7% | $195,000 | $197,500 | -1.3% |
| Mentor | 278 | 297 | -6.4% | $169,250 | $162,000 | 4.5% |
| Lane | 1 | 2 | -50% | $150,000 | $34,400 | 336% |
| Timberlake | 2 | 5 | -60% | $148,500 | $96,100 | 54.5% |
| Willoughby | 105 | 108 | -2.8% | $148,000 | $130,500 | 13.4% |
| Madison | 44 | 31 | 41.9% | $146,750 | $135,000 | 8.7% |
| Painesville | 190 | 243 | -21.8% | $144,450 | $144,000 | 0.3% |
| Mentor-on-the-Lake | 27 | 43 | -37.2% | $142,500 | $128,500 | 10.9% |
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