In November 2020, there were 84 homes sold, with a median sale price of $181,000 - a 18.1% increase over the $153,250 median sale price for the same period of the previous year. There were 50 homes sold in Mentor in November 2019.
The median sales tax in Mentor for the most recent year with available data, 2019, was $5,986, approximately 3.3% of the median home sale price for November 2020.
The following table compares Mentor to other Lake County cities with similar median sales prices in November 2020:
| City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kirtland | 18 | 6 | 200% | $387,500 | $231,250 | 67.6% |
| Perry | 4 | 3 | 33.3% | $255,250 | $106,401 | 139.9% |
| North Perry | 1 | 4 | -75% | $201,000 | $227,905.50 | -11.8% |
| Willoughby Hills | 11 | 7 | 57.1% | $195,000 | $209,000 | -6.7% |
| Mentor-on-the-Lake | 10 | 6 | 66.7% | $190,750 | $145,500 | 31.1% |
| Mentor | 84 | 50 | 68% | $181,000 | $153,250 | 18.1% |
| Lakeline | 1 | 0 | - | $174,900 | $0 | - |
| Painesville | 71 | 66 | 7.6% | $166,000 | $148,000 | 12.2% |
| Avenues Mobile Estates | 1 | 1 | 0% | $165,000 | $110,000 | 50% |
| Madison | 15 | 11 | 36.4% | $165,000 | $160,000 | 3.1% |
| Willoughby | 33 | 23 | 43.5% | $154,900 | $133,900 | 15.7% |
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