In April 2021, there were 13 homes sold, with a median sale price of $121,500 - a 12% decrease over the $138,125 median sale price for the same period of the previous year. There were 16 homes sold in North Madison in April 2020.
The median sales tax in North Madison for the most recent year with available data, 2019, was $3,964, approximately 3.3% of the median home sale price for April 2021.
The following table compares North Madison to other Lake County cities with similar median sale prices in April 2021:
City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mentor | 67 | 62 | 8.1% | $195,000 | $186,000 | 4.8% |
Willoughby | 22 | 29 | -24.1% | $184,500 | $147,000 | 25.5% |
Painesville | 73 | 59 | 23.7% | $171,513 | $175,000 | -2% |
Mentor-on-the-Lake | 8 | 10 | -20% | $150,750 | $137,450 | 9.7% |
Willowick | 32 | 21 | 52.4% | $147,000 | $136,500 | 7.7% |
Eastlake | 27 | 24 | 12.5% | $145,000 | $107,500 | 34.9% |
Wickliffe | 32 | 20 | 60% | $141,500 | $139,750 | 1.3% |
North Madison | 13 | 16 | -18.8% | $121,500 | $138,125 | -12% |
Avenues Mobile Estates | 4 | 1 | 300% | $109,450 | $67,000 | 63.4% |
Fairport Harbor | 2 | 8 | -75% | $102,450 | $122,000 | -16% |
Painesville on-the-Lake | 2 | 0 | - | $92,950 | $0 | - |