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NE Franklin News

Wednesday, November 27, 2024

November 2020: Home prices in New Albany increased

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The median sale price of a home sold in November 2020 in New Albany rose by $155,500 while total sales decreased by 40%, according to BlockShopper.com.

In November 2020, there were six homes sold, with a median sale price of $601,000 - a 34.9% increase over the $445,500 median sale price for the same period of the previous year. There were 10 homes sold in New Albany in November 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 November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
New Albany610-40%$601,000$445,50034.9%
Dublin1132-65.6%$540,000$425,25027%
Bexley512-58.3%$529,000$412,50028.2%
Grandview Heights21100%$500,950$452,00010.8%
Upper Arlington1831-41.9%$442,500$420,0005.4%
Worthington49-55.6%$397,500$325,00022.3%
Hilliard18175.9%$352,500$293,00020.3%
Westerville1617-5.9%$322,500$261,90023.1%
Blacklick89-11.1%$274,950$333,625-17.6%
Grove City2137-43.2%$260,000$195,00033.3%
Gahanna1132-65.6%$250,104$247,2501.2%

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