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Saturday, September 13, 2025

Shoreland home prices rise in the second half of 2018

Webp realestate4

The median sale price of a home sold in the second half of 2018 in Shoreland rose by $25,400 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2018, there were six homes sold, with a median sale price of $96,900 - a 35.5% increase over the $71,500 median sale price for the same period of the previous year. There were three homes sold in Shoreland in the second half of 2017.

The median sales tax in Shoreland for the most recent year with available data, 2015, was $2,508, approximately 2.6% of the median home sale price for the second half of 2018.

The following table compares Shoreland to other Lake County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Madison64101-36.6%$131,250$145,000-9.5%
Timberlake11837.5%$120,000$127,700-6%
Willowick131176-25.6%$120,000$109,4509.6%
North Madison1128925.8%$113,500$108,0005.1%
Fairport Harbor37362.8%$106,000$93,75013.1%
Wickliffe143149-4%$105,500$103,0002.4%
Shoreland63100%$96,900$71,50035.5%
Eastlake154182-15.4%$96,500$95,0001.6%
Lane12-50%$86,000$144,500-40.5%
Painesville on-the-Lake42100%$82,450$72,15014.3%
Avenues Mobile Estates78-12.5%$57,000$51,50010.7%

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