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Sunday, November 24, 2024

Home prices increased in Fairport Harbor during the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Fairport Harbor rose by $34,500 while total sales increased by 34.8%, according to BlockShopper.com.

From January through June of 2021, there were 31 homes sold, with a median sale price of $136,000 - a 34% increase over the $101,500 median sale price for the same period of the previous year. There were 23 homes sold in Fairport Harbor in the first half of 2020.

The median sales tax in Fairport Harbor for the most recent year with available data, 2019, was $4,027, approximately 3% of the median home sale price for the first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Painesville40334317.5%$154,900$153,0001.2%
Lakeline41300%$150,000$180,000-16.7%
Eastlake18914431.3%$145,000$123,27517.6%
Willowick19113541.5%$145,000$130,00011.5%
North Madison81758%$145,000$124,90016.1%
Lane21100%$136,000$75,00081.3%
Fairport Harbor312334.8%$136,000$101,50034%
Wickliffe15913319.5%$133,000$118,28012.4%
Avenues Mobile Estates136116.7%$131,500$114,00015.4%
Shoreland28-75%$125,250$61,525103.6%
Painesville on-the-Lake61500%$116,950$110,0006.3%

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