From January through December of 2018, there were 937 homes sold, with a median sale price of $157,000 - a 3.3% increase over the $152,000 median sale price for the previous year. There were 972 homes sold in Mentor in 2017.
The median sales tax in Mentor for the most recent year with available data, 2015, was $5,005, approximately 3.2% of the median home sale price for 2018.
The following table compares Mentor to other Lake County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Waite Hill | 5 | 10 | -50% | $472,000 | $388,750 | 21.4% |
| Kirtland Hills | 8 | 15 | -46.7% | $385,100 | $475,000 | -18.9% |
| Kirtland | 85 | 87 | -2.3% | $225,000 | $240,000 | -6.3% |
| Willoughby Hills | 115 | 108 | 6.5% | $187,900 | $189,450 | -0.8% |
| North Perry | 77 | 86 | -10.5% | $186,900 | $167,000 | 11.9% |
| Mentor | 937 | 972 | -3.6% | $157,000 | $152,000 | 3.3% |
| Willoughby | 353 | 406 | -13.1% | $145,000 | $130,000 | 11.5% |
| Grand River | 8 | 12 | -33.3% | $141,000 | $137,900 | 2.2% |
| Perry | 29 | 46 | -37% | $139,000 | $123,500 | 12.6% |
| Painesville | 742 | 879 | -15.6% | $138,250 | $133,000 | 3.9% |
| Madison | 135 | 161 | -16.1% | $137,000 | $146,900 | -6.7% |
Alerts Sign-up