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East Cleveland News

Sunday, November 24, 2024

December 2020: Home prices in Willowick increased

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The median sale price of a home sold in December 2020 in Willowick rose by $12,900 while total sales increased by 11.5%, according to BlockShopper.com.

In December 2020, there were 29 homes sold, with a median sale price of $139,900 - a 10.2% increase over the $127,000 median sale price for the same period of the previous year. There were 26 homes sold in Willowick in December 2019.

The median sales tax in Willowick for the most recent year with available data, 2019, was $3,840, approximately 2.7% of the median home sale price for December 2020.

The following table compares Willowick to other Lake County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Timberlake110%$220,000$146,00050.7%
North Perry103233.3%$190,000$125,00052%
Grand River10-$180,000$0-
Painesville71692.9%$173,000$129,00034.1%
Mentor815937.3%$167,500$150,00011.7%
Willowick292611.5%$139,900$127,00010.2%
Wickliffe271668.8%$139,000$99,75039.3%
Willoughby352352.2%$137,240$145,344-5.6%
Eastlake2425-4%$126,950$113,00012.3%
North Madison1214-14.3%$122,500$91,25034.2%
Mentor-on-the-Lake10100%$122,450$159,700-23.3%

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