Home prices
The median home cost in Avon Lake is $256,400. In comparison to its surrounding areas it is about $30,940 (13%) higher.In comparison to the rest of the nation it is approximately $38,900 (17%) higher, and is about $207,200 (421%) higher in comparison to the city of Detroit.
Rents
In Avon Lake the median rent is $1,136 per month. In comparison to nearby areas it is approximately $17 (1%) higher.It is about $74 (6%) higher in comparison to the US as a whole, and is about $312 (37%) higher compared to the city of Detroit.
Nearby places
Avon
Avon is Avon Lake's neighbor to the south. Housing prices there are a little more expensive. The median home cost in Avon is $296,900, which comes out to $40,500 (13%) higher than Avon Lake. Its rents are a little more expensive. In Avon the median rent is $1,235 a month, which works out to $99 (8%) higher than Avon Lake.
Sheffield Lake
Sheffield Lake is Avon Lake's neighbor to the west. Its housing prices are substantially less expensive. The median home in Sheffield Lake costs $111,800, which comes out to $144,600 (129%) lower than Avon Lake. Rent there is a little less expensive. The median monthly rent in Sheffield Lake is $881, which comes out to $255 (28%) lower than Avon Lake.
Bay Village
Bay Village is Avon Lake's neighbor to the east. The real estate prices there are pretty similar. The cost of the median home in Bay Village is $247,900, which works out to $8,500 (3%) lower than Avon Lake. Rents there are somewhat less expensive. Bay Village's median monthly rent is $1,040, which works out to $96 (9%) lower than Avon Lake.
Sheffield
Sheffield is Avon Lake's neighbor to the southwest. Its housing prices are somewhat less expensive. Sheffield's median home price is $212,100, which works out to $44,300 (20%) lower than Avon Lake. Rents there are somewhat more expensive. Sheffield's median monthly rent is $1,267, which works out to $131 (10%) higher than Avon Lake.
Westlake
Westlake is Avon Lake's neighbor to the southeast. Real estate prices there are similar. Westlake's median home cost is $258,600, which is very similar to Avon Lake. Rent there is pretty similar. In Westlake the median rent is $1,174 per month, which comes out to $38 (3%) higher than Avon Lake.