The median sale price of a home sold in April 2021 in Painesville fell by $3,487 while total sales increased by 23.7%, according to BlockShopper.com.
In April 2021, there were 73 homes sold, with a median sale price of $171,513 - a 2% decrease over the $175,000 median sale price for the same period of the previous year. There were 59 homes sold in Painesville in April 2020.
The median sales tax in Painesville for the most recent year with available data, 2019, was $5,044, approximately 2.9% of the median home sale price for April 2021.
The following table compares Painesville to other Lake County cities with similar median sale prices in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Willoughby Hills | 9 | 9 | 0% | $259,000 | $169,000 | 53.3% |
| Perry | 5 | 1 | 400% | $208,000 | $199,000 | 4.5% |
| Madison | 12 | 15 | -20% | $207,500.50 | $151,500 | 37% |
| Mentor | 67 | 62 | 8.1% | $195,000 | $186,000 | 4.8% |
| Willoughby | 22 | 29 | -24.1% | $184,500 | $147,000 | 25.5% |
| Painesville | 73 | 59 | 23.7% | $171,513 | $175,000 | -2% |
| Mentor-on-the-Lake | 8 | 10 | -20% | $150,750 | $137,450 | 9.7% |
| Willowick | 32 | 21 | 52.4% | $147,000 | $136,500 | 7.7% |
| Eastlake | 27 | 24 | 12.5% | $145,000 | $107,500 | 34.9% |
| Wickliffe | 32 | 20 | 60% | $141,500 | $139,750 | 1.3% |
| North Madison | 13 | 16 | -18.8% | $121,500 | $138,125 | -12% |
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