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Sunday, September 22, 2024

Home prices decreased in New Albany during December 2020

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The median sale price of a home sold in December 2020 in New Albany fell by $8,000 while total sales decreased by 72.7%, according to BlockShopper.com.

In December 2020, there were three homes sold, with a median sale price of $612,000 - a 1.3% decrease over the $620,000 median sale price for the same period of the previous year. There were 11 homes sold in New Albany in December 2019.

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 December 2020.

The following table compares New Albany to other Franklin County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Bexley35-40%$695,000$290,750139%
New Albany311-72.7%$612,000$620,000-1.3%
Upper Arlington2129-27.6%$528,650$359,40047.1%
Worthington38-62.5%$475,000$312,00052.2%
Grandview Heights770%$470,000$270,00074.1%
Dublin1622-27.3%$407,500$396,5002.8%
Galloway13-66.7%$362,500$126,500186.6%
Blacklick78-12.5%$315,000$250,95525.5%
Hilliard25238.7%$310,000$333,000-6.9%
Westerville1926-26.9%$310,000$240,00029.2%
Canal Winchester660%$285,000$232,70022.5%

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