In June 2018, there were nine homes sold, with a median sale price of $143,800 - a 15% increase over the $125,000 median sale price for the same period of the previous year. There were 17 homes sold in Mentor-on-the-Lake in June 2017.
The median sales tax in Mentor-on-the-Lake for the most recent year with available data, 2015, was $4,466, approximately 3.1% of the median home sale price for June 2018.
The following table compares Mentor-on-the-Lake to other Lake County cities with similar median sales prices in June 2018:
| City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Willoughby Hills | 13 | 9 | 44.4% | $188,500 | $160,000 | 17.8% |
| Mentor | 104 | 120 | -13.3% | $184,250 | $167,000 | 10.3% |
| Painesville | 91 | 94 | -3.2% | $164,900 | $136,000 | 21.3% |
| Perry | 2 | 8 | -75% | $160,000 | $133,950 | 19.4% |
| Madison | 14 | 16 | -12.5% | $152,500 | $128,500 | 18.7% |
| Mentor-on-the-Lake | 9 | 17 | -47.1% | $143,800 | $125,000 | 15% |
| North Madison | 18 | 18 | 0% | $119,500 | $67,750 | 76.4% |
| Fairport Harbor | 6 | 8 | -25% | $118,250 | $115,500 | 2.4% |
| Willowick | 32 | 32 | 0% | $109,950 | $114,000 | -3.6% |
| Eastlake | 26 | 31 | -16.1% | $109,250 | $104,500 | 4.5% |
| Wickliffe | 29 | 26 | 11.5% | $99,900 | $99,450 | 0.5% |
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