April 2021: Willoughby Hills experienced a 53.3% increase in median home prices

Medium realestate1

The median sale price of a home sold in April 2021 in Willoughby Hills rose by $90,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In April 2021, there were nine homes sold, with a median sale price of $259,000 - a 53.3% increase over the $169,000 median sale price for the same period of the previous year. There were nine homes sold in Willoughby Hills in April 2020, as well.

The median sales tax in Willoughby Hills for the most recent year with available data, 2019, was $6,288, approximately 2.4% of the median home sale price for April 2021.

The following table compares Willoughby Hills to other Lake County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Waite Hill10-$1,601,000$0-
Kirtland8714.3%$422,500$205,000106.1%
North Perry550%$285,000$198,00043.9%
Willoughby Hills990%$259,000$169,00053.3%
Perry51400%$208,000$199,0004.5%
Madison1215-20%$207,500.50$151,50037%
Mentor67628.1%$195,000$186,0004.8%
Willoughby2229-24.1%$184,500$147,00025.5%
Painesville735923.7%$171,513$175,000-2%
Mentor-on-the-Lake810-20%$150,750$137,4509.7%
Willowick322152.4%$147,000$136,5007.7%

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