Eastlake home prices rise in September 2020

Medium re 13

The median sale price of a home sold in September 2020 in Eastlake rose by $15,950 while total sales increased by 54.5%, according to BlockShopper.com.

In September 2020, there were 34 homes sold, with a median sale price of $129,950 - a 14% increase over the $114,000 median sale price for the same period of the previous year. There were 22 homes sold in Eastlake in September 2019.

The median sales tax in Eastlake for the most recent year with available data, 2019, was $3,637, approximately 2.8% of the median home sale price for September 2020.

The following table compares Eastlake to other Lake 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)
Willoughby402842.9%$167,500$121,22538.2%
Mentor-on-the-Lake161414.3%$166,500$140,00018.9%
Painesville73730%$156,000$156,0000%
Willowick24234.3%$151,500$124,50021.7%
Lakeline110%$147,000$36,520302.5%
Avenues Mobile Estates30-$139,900$0-
North Madison15147.1%$135,000$120,00012.5%
Eastlake342254.5%$129,950$114,00014%
Wickliffe28267.7%$123,000$127,450-3.5%
Fairport Harbor880%$109,000$73,09049.1%
Waite Hill10-$65,515$0-

Blockshopper green logo