The median sale price of a home sold in October 2020 in Amherst fell by $23,950 while total sales decreased by 89.5%, according to BlockShopper.com.
In October 2020, there were four homes sold, with a median sale price of $136,000 - a 15% decrease over the $159,950 median sale price for the same period of the previous year. There were 38 homes sold in Amherst in October 2019.
The median sales tax in Amherst for the most recent year with available data, 2018, was $2,507, approximately 1.8% of the median home sale price for October 2020.
The following table compares Amherst to other Lorain County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wellington | 4 | 16 | -75% | $309,500 | $160,000 | 93.4% |
| Sheffield | 2 | 4 | -50% | $271,500 | $205,310 | 32.2% |
| Avon Lake | 13 | 41 | -68.3% | $255,000 | $215,000 | 18.6% |
| Grafton | 2 | 17 | -88.2% | $198,000 | $141,000 | 40.4% |
| Vermilion | 5 | 18 | -72.2% | $192,000 | $142,750 | 34.5% |
| North Ridgeville | 12 | 51 | -76.5% | $157,750 | $180,000 | -12.4% |
| Oberlin | 3 | 10 | -70% | $142,500 | $166,500 | -14.4% |
| Amherst | 4 | 38 | -89.5% | $136,000 | $159,950 | -15% |
| Elyria | 12 | 102 | -88.2% | $114,000 | $99,250 | 14.9% |
| Lorain | 29 | 99 | -70.7% | $80,000 | $68,900 | 16.1% |
| Sheffield Lake | 1 | 13 | -92.3% | $47,000 | $135,000 | -65.2% |
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