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Thursday, November 28, 2024

July 2020: Home prices in Gahanna fell

Re 9

The median sale price of a home sold in July 2020 in Gahanna fell by $2,000 while total sales decreased by 57.8%, according to BlockShopper.com.

In July 2020, there were 19 homes sold, with a median sale price of $245,000 - a 0.8% decrease over the $247,000 median sale price for the same period of the previous year. There were 45 homes sold in Gahanna in July 2019.

The median sales tax in Gahanna for the most recent year with available data, 2019, was $4,813, approximately 2% of the median home sale price for July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Worthington922-59.1%$376,410$329,95014.1%
Blacklick421-81%$342,450$275,00024.5%
Hilliard2837-24.3%$296,395$300,000-1.2%
Westerville1742-59.5%$290,500$259,00012.2%
Minerva Park13-66.7%$248,000$185,00034.1%
Gahanna1945-57.8%$245,000$247,000-0.8%
Obetz27-71.4%$244,250$195,00025.3%
Grove City2450-52%$224,950$242,500-7.2%
Pinhook110%$220,500$219,0000.7%
Canal Winchester660%$214,950$224,950-4.4%
Lake Darby440%$209,950$216,500-3%

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