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Lake County Times

Sunday, November 24, 2024

Home prices decreased in Fairport Harbor during the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Fairport Harbor fell by $2,500 while total sales increased by 38.5%, according to BlockShopper.com.

From April through June of 2021, there were 18 homes sold, with a median sale price of $117,500 - a 2.1% decrease over the $120,000 median sale price for the same period of the previous year. There were 13 homes sold in Fairport Harbor in the second quarter of 2020.

The median sales tax in Fairport Harbor for the most recent year with available data, 2019, was $4,027, approximately 3.4% of the median home sale price for the second quarter of 2021.

The following table compares Fairport Harbor to other Lake County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Grand River3250%$165,000$176,250-6.4%
Mentor-on-the-Lake413710.8%$161,500$145,50011%
Eastlake1007729.9%$151,750$124,90021.5%
Willowick1158436.9%$150,000$133,25012.6%
Wickliffe967233.3%$138,000$123,75011.5%
North Madison4748-2.1%$135,000$125,9507.2%
Shoreland23-33.3%$125,250$110,00013.9%
Fairport Harbor181338.5%$117,500$120,000-2.1%
Lane10-$100,000$0-
Painesville on-the-Lake51400%$98,900$110,000-10.1%
Avenues Mobile Estates84100%$66,500$114,000-41.7%

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