The median sale price of a home sold in January 2021 in Painesville rose by $9,823 while total sales decreased by 38%, according to BlockShopper.com.
In January 2021, there were 31 homes sold, with a median sale price of $151,000 - a 7% increase over the $141,178 median sale price for the same period of the previous year. There were 50 homes sold in Painesville in January 2020.
The median sales tax in Painesville for the most recent year with available data, 2019, was $5,044, approximately 3.3% of the median home sale price for January 2021.
The following table compares Painesville to other Lake County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kirtland | 3 | 4 | -25% | $227,000 | $130,750 | 73.6% |
| Mentor | 54 | 49 | 10.2% | $182,400 | $134,900 | 35.2% |
| Fairport Harbor | 4 | 5 | -20% | $176,250 | $99,500 | 77.1% |
| Mentor-on-the-Lake | 10 | 7 | 42.9% | $158,700 | $134,000 | 18.4% |
| Willoughby | 20 | 19 | 5.3% | $157,450 | $125,900 | 25.1% |
| Painesville | 31 | 50 | -38% | $151,000 | $141,177.50 | 7% |
| North Madison | 8 | 11 | -27.3% | $150,000 | $70,000 | 114.3% |
| Painesville on-the-Lake | 1 | 0 | - | $148,000 | $0 | - |
| Eastlake | 21 | 19 | 10.5% | $137,800 | $93,000 | 48.2% |
| Willowick | 20 | 16 | 25% | $133,500 | $116,500 | 14.6% |
| Wickliffe | 19 | 20 | -5% | $132,000 | $115,000 | 14.8% |
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