North Madison home prices rise in September 2020

Medium realestate3

The median sale price of a home sold in September 2020 in North Madison rose by $15,000 while total sales increased by 7.1%, according to BlockShopper.com.

In September 2020, there were 15 homes sold, with a median sale price of $135,000 - a 12.5% increase over the $120,000 median sale price for the same period of the previous year. There were 14 homes sold in North Madison in September 2019.

The median sales tax in North Madison for the most recent year with available data, 2019, was $3,964, approximately 2.9% of the median home sale price for September 2020.

The following table compares North Madison 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-

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