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Lake County Times

Sunday, November 24, 2024

Kirtland home prices rose in May 2021

Realestate5

The median sale price of a home sold in May 2021 in Kirtland rose by $120,000 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2021, there were four homes sold, with a median sale price of $320,000 - a 60% increase over the $200,000 median sale price for the same period of the previous year. There were three homes sold in Kirtland in May 2020.

The median sales tax in Kirtland for the most recent year with available data, 2019, was $8,397, approximately 2.6% of the median home sale price for May 2021.

The following table compares Kirtland 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)
Waite Hill10-$500,000$0-
Willoughby Hills83166.7%$357,000$250,00042.8%
Kirtland4333.3%$320,000$200,00060%
North Perry46-33.3%$222,000$190,75016.4%
Madison126100%$207,450$207,500-0%
Painesville774092.5%$200,000$178,00012.4%
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-

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