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Sunday, September 22, 2024

What happened to the median home price in New Albany during February 2021?

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The median sale price of a home sold in February 2021 in New Albany rose by $234,000 while total sales decreased by 36.4%, according to BlockShopper.com.

In February 2021, there were seven homes sold, with a median sale price of $860,000 - a 37.4% increase over the $626,000 median sale price for the same period of the previous year. There were 11 homes sold in New Albany in February 2020.

The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 1.4% of the median home sale price for February 2021.

The following table compares New Albany to other Franklin County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
New Albany711-36.4%$860,000$626,00037.4%
Riverlea10-$750,000$0-
Dublin916-43.8%$400,000$422,500-5.3%
Worthington37-57.1%$380,000$352,7507.7%
Upper Arlington821-61.9%$356,250$432,500-17.6%
Grandview Heights3250%$339,990$327,5003.8%
Minerva Park110%$316,000$230,90036.9%
Bexley11837.5%$305,900$290,499.505.3%
Blacklick411-63.6%$276,250$270,0002.3%
Hilliard161323.1%$268,500$188,90042.1%
Groveport37-57.1%$264,000$180,00046.7%

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