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Lake County Times

Monday, November 25, 2024

Pricing for the median home in Eastlake increased during December 2020

Realestate077

The median sale price of a home sold in December 2020 in Eastlake rose by $13,950 while total sales decreased by 4%, according to BlockShopper.com.

In December 2020, there were 24 homes sold, with a median sale price of $126,950 - a 12.3% increase over the $113,000 median sale price for the same period of the previous year. There were 25 homes sold in Eastlake in December 2019.

The median sales tax in Eastlake for the most recent year with available data, 2019, was $3,637, approximately 2.9% of the median home sale price for December 2020.

The following table compares Eastlake to other Lake County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Painesville71692.9%$173,000$129,00034.1%
Mentor815937.3%$167,500$150,00011.7%
Willowick292611.5%$139,900$127,00010.2%
Wickliffe271668.8%$139,000$99,75039.3%
Willoughby352352.2%$137,240$145,344-5.6%
Eastlake2425-4%$126,950$113,00012.3%
North Madison1214-14.3%$122,500$91,25034.2%
Mentor-on-the-Lake10100%$122,450$159,700-23.3%
Fairport Harbor8714.3%$92,500$119,000-22.3%
Painesville on-the-Lake110%$89,900$20,000349.5%
Avenues Mobile Estates30-$51,000$0-

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