Wellington home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Wellington fell by $35,000 while total sales decreased by 71.4%, according to BlockShopper.com.

In September 2020, there were four homes sold, with a median sale price of $130,000 - a 21.2% decrease over the $165,000 median sale price for the same period of the previous year. There were 14 homes sold in Wellington in September 2019.

The median sales tax in Wellington for the most recent year with available data, 2018, was $2,428, approximately 1.9% of the median home sale price for September 2020.

The following table compares Wellington to other Lorain County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
North Ridgeville756-87.5%$270,600$190,00042.4%
Avon551-90.2%$262,900$282,000-6.8%
Grafton214-85.7%$219,351.50$177,50023.6%
Amherst531-83.9%$170,000$185,000-8.1%
Sheffield Lake322-86.4%$169,500$119,00042.4%
Wellington414-71.4%$130,000$165,000-21.2%
Elyria2397-76.3%$126,500$99,40027.3%
Penfield Junction10-$107,000$0-
Columbia Station417-76.5%$96,500$170,300-43.3%
Vermilion19-88.9%$87,000$184,500-52.8%
Lorain15106-85.8%$81,000$63,90026.8%

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