Falling home prices in LaGrange in April

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The median sale price of a home sold in April in LaGrange fell by $47,450 while total sales increased by 66.7 percent, according to BlockShopper.com.

In April, there were 10 homes sold, with a median sale price of $202,450 - a 19 percent decrease from the $249,900 median sale price for the same period of the previous year. There were six homes sold in LaGrange in April 2021.

The median sales tax in LaGrange for the most recent year with available data, 2018, was $3,223, approximately 1.6 percent of the median home sale price for April.

The following table compares LaGrange 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)
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
Eaton Estates330$177,000$129,50036.7
Sheffield Lake1116-31.3$130,000$120,0008.3

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