Laporte home prices rise in the first half of 2020

Medium realestate2

The median sale price of a home sold in the first half of 2020 in Laporte rose by $80,450 while total sales increased by 200%, according to BlockShopper.com.

From January through June of 2020, there were six homes sold, with a median sale price of $134,950 - a 147.6% increase over the $54,500 median sale price for the same period of the previous year. There were two homes sold in Laporte in the first half of 2019.

The median sales tax in Laporte for the most recent year with available data, 2018, was $1,850, approximately 1.4% of the median home sale price for the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Columbia Station4667-31.3%$186,479$174,9006.6%
Amherst1161141.8%$173,900$160,0008.7%
Wellington5059-15.3%$163,500$147,00011.2%
Oberlin5664-12.5%$162,500$125,00030%
South Amherst207185.7%$144,950$75,00093.3%
Laporte62200%$134,950$54,500147.6%
Sheffield Lake59100-41%$134,000$104,50028.2%
Brentwood Lake38-62.5%$128,750$134,000-3.9%
Vermilion4666-30.3%$125,700$124,8580.7%
Eaton Estates915-40%$118,900$89,00033.6%
Elyria489513-4.7%$95,500$90,0006.1%

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