In June 2020, there were 12 homes sold, with a median sale price of $136,200 - a 0.9% increase over the $135,000 median sale price for the same period of the previous year. There were 13 homes sold in Mentor-on-the-Lake in June 2019.
The median sales tax in Mentor-on-the-Lake for the most recent year with available data, 2015, was $4,466, approximately 3.3% of the median home sale price for June 2020.
The following table compares Mentor-on-the-Lake to other Lake County cities with similar median sales prices in June 2020:
| City | June 2020 Home Sales | June 2019 Home Sales | % change (Total Home Sales) | June 2020 Median Sales Price | June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mentor | 88 | 85 | 3.5% | $195,000 | $152,000 | 28.3% |
| Willoughby | 33 | 29 | 13.8% | $180,000 | $166,500 | 8.1% |
| Fairport Harbor | 4 | 6 | -33.3% | $175,500 | $63,000 | 178.6% |
| Madison | 12 | 19 | -36.8% | $169,000 | $158,000 | 7% |
| Painesville | 76 | 72 | 5.6% | $149,000 | $174,950 | -14.8% |
| Mentor-on-the-Lake | 12 | 13 | -7.7% | $136,200 | $135,000 | 0.9% |
| North Madison | 14 | 17 | -17.6% | $134,450 | $98,000 | 37.2% |
| Willowick | 43 | 18 | 138.9% | $130,000 | $122,250 | 6.3% |
| Wickliffe | 29 | 19 | 52.6% | $121,500 | $122,360 | -0.7% |
| Avenues Mobile Estates | 2 | 0 | - | $114,000 | $0 | - |
| Eastlake | 25 | 25 | 0% | $113,500 | $130,000 | -12.7% |
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