From January through March of 2017, there were 51 homes sold, with a median sale price of $160,000 - a 15.8% decrease over the $190,000 median sale price for the same period of the previous year. There were 69 homes sold in Gahanna in the first quarter of 2016.
The following table compares Gahanna to other Franklin County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Westerville | 35 | 64 | -45.3% | $200,000 | $184,000 | 8.7% |
Hilliard | 59 | 54 | 9.3% | $197,500 | $217,500 | -9.2% |
Minerva Park | 7 | 5 | 40% | $188,000 | $133,400 | 40.9% |
Canal Winchester | 15 | 17 | -11.8% | $180,000 | $174,900 | 2.9% |
Grove City | 97 | 67 | 44.8% | $167,000 | $168,000 | -0.6% |
Gahanna | 51 | 69 | -26.1% | $160,000 | $190,000 | -15.8% |
Groveport | 13 | 17 | -23.5% | $141,000 | $163,000 | -13.5% |
Pinhook | 2 | 6 | -66.7% | $135,700 | $142,450 | -4.7% |
Galloway | 7 | 11 | -36.4% | $130,000 | $110,000 | 18.2% |
Reynoldsburg | 58 | 68 | -14.7% | $124,250 | $125,000 | -0.6% |
Obetz | 9 | 9 | 0% | $115,000 | $117,000 | -1.7% |