Avon home prices rise in the first quarter of 2020

Medium re 11

The median sale price of a home sold in the first quarter of 2020 in Avon rose by $35,000 while total sales decreased by 24.3%, according to BlockShopper.com.

From January through March of 2020, there were 53 homes sold, with a median sale price of $282,000 - a 14.2% increase over the $247,000 median sale price for the same period of the previous year. There were 70 homes sold in Avon in the first quarter of 2019.

The median sales tax in Avon for the most recent year with available data, 2018, was $4,799, approximately 1.7% of the median home sale price for the first quarter of 2020.

The following table compares Avon to other Lorain County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Avon Lake91857.1%$225,000$225,300-0.1%
North Ridgeville109126-13.5%$190,000$183,6503.5%
Columbia Station1315-13.3%$135,000$160,000-15.6%
Brentwood Lake31200%$128,750$131,000-1.7%

Blockshopper green logo