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Thursday, November 28, 2024

August 2020: Reynoldsburg experienced a 9.2% increase in median home prices

Realestate077

The median sale price of a home sold in August 2020 in Reynoldsburg rose by $16,050 while total sales decreased by 56.8%, according to BlockShopper.com.

In August 2020, there were 16 homes sold, with a median sale price of $191,050 - a 9.2% increase over the $175,000 median sale price for the same period of the previous year. There were 37 homes sold in Reynoldsburg in August 2019.

The median sales tax in Reynoldsburg for the most recent year with available data, 2019, was $3,145, approximately 1.6% of the median home sale price for August 2020.

The following table compares Reynoldsburg to other Franklin County cities with similar median sale prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Westerville1448-70.8%$260,500$280,000-7%
Galloway13-66.7%$255,000$183,55538.9%
Grove City2558-56.9%$249,900$224,25011.4%
Groveport311-72.7%$233,500$208,00012.3%
Huber Ridge19-88.9%$210,000$180,50016.3%
Reynoldsburg1637-56.8%$191,050$175,0009.2%
Darbydale220%$190,000$51,625268%
Columbus372846-56%$190,000$175,0008.6%
Lake Darby114-92.9%$179,000$178,5000.3%
Lincoln Village310-70%$154,900$163,700-5.4%
Blacklick Estates511-54.5%$137,750$105,00031.2%

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