Home prices increased in South Amherst during August 2021

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The median sale price of a home sold in August 2021 in South Amherst rose by $30,885 while total sales decreased by 60%, according to BlockShopper.com.

In August 2021, there were two homes sold, with a median sale price of $130,885 - a 30.9% increase over the $100,000 median sale price for the same period of the previous year. There were five homes sold in South Amherst in August 2020.

The median sales tax in South Amherst for the most recent year with available data, 2018, was $1,712, approximately 1.3% of the median home sale price for August 2021.

The following table compares South Amherst to other Lorain County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Amherst2426-7.7%$180,000$207,500-13.3%
Oberlin141040%$175,000$200,500-12.7%
Eaton Estates42100%$144,900$139,0004.2%
Sheffield Lake201625%$141,500$137,9502.6%
Grafton11110%$138,000$230,000-40%
Vermilion211540%$134,900$115,00017.3%
Elyria1128433.3%$132,750$119,20011.4%
South Amherst25-60%$130,885$100,00030.9%
Pheasant Run41300%$112,000$135,900-17.6%
Lorain16110947.7%$98,000$69,90040.2%
Penfield Junction21100%$74,500$115,000-35.2%

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