Brentwood Lake home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Brentwood Lake fell by $57,500 while total sales remained unchanged with three homes sold, according to

From July through September of 2020, there were three homes sold, with a median sale price of $85,000 - a 40.4% decrease over the $142,500 median sale price for the same period of the previous year. There were three homes sold in Brentwood Lake in the third quarter of 2019, as well.

The median sales tax in Brentwood Lake for the most recent year with available data, 2018, was $2,115, approximately 2.5% of the median home sale price for the third quarter of 2020.

The following table compares Brentwood Lake to other Lorain County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Pheasant Run613-53.8%$142,200$105,00035.4%
Sheffield Lake3359-44.1%$135,000$124,0008.9%
Eaton Estates47-42.9%$121,500$89,90035.2%
Penfield Junction3250%$107,000$48,326121.4%
South Amherst111010%$103,000$120,250-14.3%
Brentwood Lake330%$85,000$142,500-40.4%

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