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Sunday, November 24, 2024

Wickliffe median home prices rose by 11.5% in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Wickliffe rose by $14,250 while total sales increased by 33.3%, according to BlockShopper.com.

From April through June of 2021, there were 96 homes sold, with a median sale price of $138,000 - a 11.5% increase over the $123,750 median sale price for the same period of the previous year. There were 72 homes sold in Wickliffe in the second quarter of 2020.

The median sales tax in Wickliffe for the most recent year with available data, 2019, was $4,601, approximately 3.3% of the median home sale price for the second quarter of 2021.

The following table compares Wickliffe 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)
Painesville25017245.3%$169,000$169,950-0.6%
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%

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