The median sale price of a home sold in April 2021 in Willoughby rose by $37,500 while total sales decreased by 24.1%, according to BlockShopper.com.
In April 2021, there were 22 homes sold, with a median sale price of $184,500 - a 25.5% increase over the $147,000 median sale price for the same period of the previous year. There were 29 homes sold in Willoughby in April 2020.
The median sales tax in Willoughby for the most recent year with available data, 2019, was $4,143, approximately 2.2% of the median home sale price for April 2021.
The following table compares Willoughby 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) |
|---|---|---|---|---|---|---|
| North Perry | 5 | 5 | 0% | $285,000 | $198,000 | 43.9% |
| 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% |
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