Amherst home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Amherst fell by $15,000 while total sales decreased by 83.9%, according to

In September 2020, there were five homes sold, with a median sale price of $170,000 - a 8.1% decrease over the $185,000 median sale price for the same period of the previous year. There were 31 homes sold in Amherst in September 2019.

The median sales tax in Amherst for the most recent year with available data, 2018, was $2,507, approximately 1.5% of the median home sale price for September 2020.

The following table compares Amherst 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)
Avon Lake637-83.8%$288,450$212,50035.7%
North Ridgeville756-87.5%$270,600$190,00042.4%
Sheffield Lake322-86.4%$169,500$119,00042.4%
Penfield Junction10-$107,000$0-
Columbia Station417-76.5%$96,500$170,300-43.3%

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