North Ridgeville home prices fall in October 2020

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The median sale price of a home sold in October 2020 in North Ridgeville fell by $22,250 while total sales decreased by 76.5%, according to

In October 2020, there were 12 homes sold, with a median sale price of $157,750 - a 12.4% decrease over the $180,000 median sale price for the same period of the previous year. There were 51 homes sold in North Ridgeville in October 2019.

The median sales tax in North Ridgeville for the most recent year with available data, 2018, was $3,094, approximately 2% of the median home sale price for October 2020.

The following table compares North Ridgeville to other Lorain County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Avon Lake1341-68.3%$255,000$215,00018.6%
North Ridgeville1251-76.5%$157,750$180,000-12.4%
Sheffield Lake113-92.3%$47,000$135,000-65.2%

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