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Sunday, September 22, 2024

How did home prices perform in New Albany during January 2021?

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The median sale price of a home sold in January 2021 in New Albany fell by $187,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2021, there were four homes sold, with a median sale price of $350,000 - a 34.9% decrease over the $537,500 median sale price for the same period of the previous year. There were six homes sold in New Albany in January 2020.

The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 3.5% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Worthington7540%$441,000$285,00054.7%
Dublin17166.3%$430,500$417,2003.2%
Grandview Heights14-75%$429,900$397,7508.1%
Bexley39-66.7%$425,000$252,85068.1%
New Albany46-33.3%$350,000$537,500-34.9%
Upper Arlington917-47.1%$345,000$385,000-10.4%
Blacklick8633.3%$319,000$254,00025.6%
Hilliard161323.1%$302,249.50$240,00025.9%
Westerville1516-6.3%$265,000$256,3503.4%
Grove City241833.3%$252,500$190,00032.9%
Lake Darby13-66.7%$240,000$179,00034.1%

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