April: Grafton experienced a 4.7% increase in median home prices

Medium realestate5

The median sale price of a home sold in April in Grafton rose by $9,500 while total sales decreased by 35 percent, according to BlockShopper.com.

In April, there were 13 homes sold, with a median sale price of $212,000 - a 4.7 percent increase over the $202,500 median sale price for the same period of the previous year. There were 20 homes sold in Grafton in April 2021.

The median sales tax in Grafton for the most recent year with available data, 2018, was $2,924, approximately 1.4 percent of the median home sale price for April.

The following table compares Grafton to other Lorain County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Columbia Station12933.3$259,950$252,0003.2
Avon Lake29283.6$250,000$246,7501.3
North Ridgeville4951-3.9$230,000$230,0000
South Amherst13-66.7$180,000$161,01011.8

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