The median sale price of a home sold in August 2021 in Amherst fell by $27,500 while total sales decreased by 7.7%, according to BlockShopper.com.
In August 2021, there were 24 homes sold, with a median sale price of $180,000 - a 13.3% decrease over the $207,500 median sale price for the same period of the previous year. There were 26 homes sold in Amherst in August 2020.
The median sales tax in Amherst for the most recent year with available data, 2018, was $2,507, approximately 1.4% of the median home sale price for August 2021.
The following table compares Amherst to other Lorain County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Avon Lake | 44 | 44 | 0% | $281,500 | $235,450 | 19.6% |
| North Ridgeville | 70 | 58 | 20.7% | $245,000 | $205,500 | 19.2% |
| Columbia Station | 16 | 11 | 45.5% | $235,500 | $180,000 | 30.8% |
| Wellington | 18 | 11 | 63.6% | $199,925 | $150,000 | 33.3% |
| Brentwood Lake | 2 | 1 | 100% | $183,442.50 | $180,000 | 1.9% |
| Amherst | 24 | 26 | -7.7% | $180,000 | $207,500 | -13.3% |
| Oberlin | 14 | 10 | 40% | $175,000 | $200,500 | -12.7% |
| Eaton Estates | 4 | 2 | 100% | $144,900 | $139,000 | 4.2% |
| Sheffield Lake | 20 | 16 | 25% | $141,500 | $137,950 | 2.6% |
| Grafton | 11 | 11 | 0% | $138,000 | $230,000 | -40% |
| Vermilion | 21 | 15 | 40% | $134,900 | $115,000 | 17.3% |
Alerts Sign-up