In May 2021, there were eight homes sold, with a median sale price of $612,500 - a 24.5% decrease over the $811,750 median sale price for the same period of the previous year. There were two homes sold in New Albany in May 2020.
The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 2% of the median home sale price for May 2021.
The following table compares New Albany to other Franklin County cities with similar median sale prices in May 2021:
City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Upper Arlington | 15 | 1 | 1400% | $685,000 | $479,900 | 42.7% |
Dublin | 9 | 2 | 350% | $650,000 | $410,000 | 58.5% |
New Albany | 8 | 2 | 300% | $612,500 | $811,750 | -24.5% |
Grandview Heights | 2 | 0 | - | $537,000 | $0 | - |
Riverlea | 1 | 0 | - | $527,000 | $0 | - |
Bexley | 2 | 0 | - | $499,250 | $0 | - |
Hilliard | 9 | 1 | 800% | $426,000 | $390,000 | 9.2% |
Flint | 1 | 0 | - | $332,500 | $0 | - |
Grove City | 18 | 4 | 350% | $307,500 | $285,950 | 7.5% |
Worthington | 5 | 1 | 400% | $287,000 | $350,000 | -18% |
Blacklick | 6 | 0 | - | $280,000 | $0 | - |