North Ridgeville home prices rise 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 North Ridgeville rose by $40,650 while total sales decreased by 28.2%, according to

From July through September of 2020, there were 140 homes sold, with a median sale price of $222,550 - a 22.3% increase over the $181,900 median sale price for the same period of the previous year. There were 195 homes sold in North Ridgeville in the third quarter of 2019.

The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 1.4% of the median home sale price for the third quarter of 2020.

The following table compares North Ridgeville 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)
Avon Lake89137-35%$260,000$243,0007%
North Ridgeville140195-28.2%$222,550$181,90022.3%
Columbia Station2346-50%$180,000$285,000-36.8%

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