Adobe Stock
Adobe Stock
From January through March of 2020, there were 25 homes sold, with a median sale price of $120,900 - a 6.9% decrease over the $129,900 median sale price for the same period of the previous year. There were 27 homes sold in North Madison in the first quarter of 2019.
The median sales tax in North Madison for the most recent year with available data, 2015, was $3,378, approximately 2.8% of the median home sale price for the first quarter of 2020.
The following table compares North Madison to other Lake County cities with similar median sales prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Perry | 5 | 1 | 400% | $135,000 | $54,000 | 150% |
| Painesville | 174 | 156 | 11.5% | $132,000 | $127,000 | 3.9% |
| Willoughby | 74 | 72 | 2.8% | $127,950 | $143,400 | -10.8% |
| Eastlake | 63 | 56 | 12.5% | $124,900 | $108,105 | 15.5% |
| Willowick | 49 | 48 | 2.1% | $123,000 | $115,000 | 7% |
| North Madison | 25 | 27 | -7.4% | $120,900 | $129,900 | -6.9% |
| Wickliffe | 60 | 61 | -1.6% | $110,250 | $117,500 | -6.2% |
| Fairport Harbor | 10 | 18 | -44.4% | $94,750 | $92,100 | 2.9% |
| Avenues Mobile Estates | 2 | 4 | -50% | $93,500 | $80,000 | 16.9% |
| Grand River | 3 | 2 | 50% | $89,500 | $182,000 | -50.8% |
| Lane | 1 | 4 | -75% | $75,000 | $164,568 | -54.4% |
Alerts Sign-up