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Sunday, November 24, 2024

Pricing for the median home in Wickliffe increased during May 2021

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The median sale price of a home sold in May 2021 in Wickliffe rose by $8,200 while total sales increased by 34.8%, according to BlockShopper.com.

In May 2021, there were 31 homes sold, with a median sale price of $129,000 - a 6.8% increase over the $120,800 median sale price for the same period of the previous year. There were 23 homes sold in Wickliffe in May 2020.

The median sales tax in Wickliffe for the most recent year with available data, 2019, was $4,601, approximately 3.6% of the median home sale price for May 2021.

The following table compares Wickliffe to other Lake County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Mentor796717.9%$190,000$170,00011.8%
Mentor-on-the-Lake1215-20%$170,500$152,00012.2%
Willowick332065%$153,500$134,95013.7%
Willoughby33316.5%$142,000$159,900-11.2%
Painesville on-the-Lake30-$135,000$0-
Wickliffe312334.8%$129,000$120,8006.8%
Eastlake322814.3%$125,950$130,000-3.1%
North Madison19185.6%$125,000$117,9506%
Fairport Harbor52150%$114,000$74,00054.1%
Avenues Mobile Estates20-$102,550$0-
Grand River21100%$100,550$167,500-40%

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