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Sunday, November 24, 2024

Median home prices in Willoughby rose to $181,000 in June 2021

Realestate4

The median sale price of a home sold in June 2021 in Willoughby rose by $1,000 while total sales increased by 17.6%, according to BlockShopper.com.

In June 2021, there were 40 homes sold, with a median sale price of $181,000 - a 0.6% increase over the $180,000 median sale price for the same period of the previous year. There were 34 homes sold in Willoughby in June 2020.

The median sales tax in Willoughby for the most recent year with available data, 2019, was $4,143, approximately 2.3% of the median home sale price for June 2021.

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

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Perry36-50%$287,000$222,50029%
North Perry440%$240,250$201,50019.2%
Mentor1088921.3%$220,000$200,00010%
Lakeline30-$200,000$0-
Shoreland10-$190,500$0-
Willoughby403417.6%$181,000$180,0000.6%
Madison221283.3%$175,000$169,0003.6%
Mentor-on-the-Lake211275%$170,000$136,20024.8%
Grand River10-$165,000$0-
Willowick45434.7%$165,000$130,00026.9%
Eastlake352540%$164,000$113,50044.5%

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