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Thursday, November 28, 2024

July 2020: New Albany experienced a 2.1% drop in median home prices

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The median sale price of a home sold in July 2020 in New Albany fell by $12,300 while total sales decreased by 10%, according to BlockShopper.com.

In July 2020, there were nine homes sold, with a median sale price of $570,000 - a 2.1% decrease over the $582,300 median sale price for the same period of the previous year. There were 10 homes sold in New Albany in July 2019.

The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 2.1% of the median home sale price for July 2020.

The following table compares New Albany 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)
Grandview Heights14-75%$729,000$423,00072.3%
New Albany910-10%$570,000$582,300-2.1%
Dublin1639-59%$457,900$428,9006.8%
Upper Arlington3150-38%$451,000$436,0003.4%
Bexley410-60%$434,500$440,000-1.3%
Riverlea10-$397,000$0-
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%

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