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Saturday, November 23, 2024

How did home prices perform in Gahanna during the second quarter of 2021?

Realestate3

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Adobe Stock

The median sale price of a home sold in the second quarter of 2021 in Gahanna rose by $39,500 while total sales increased by 240%, according to BlockShopper.com.

From April through June of 2021, there were 34 homes sold, with a median sale price of $259,500 - a 18% increase over the $220,000 median sale price for the same period of the previous year. There were 10 homes sold in Gahanna in the second quarter of 2020.

The median sales tax in Gahanna for the most recent year with available data, 2019, was $4,813, approximately 1.9% of the median home sale price for the second quarter of 2021.

The following table compares Gahanna to other Franklin County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Canal Winchester63100%$310,100$266,00016.6%
Westerville4117141.2%$295,000$265,50011.1%
Grove City6427137%$277,500$265,0004.7%
Lake Darby63100%$275,509.50$249,90010.2%
Groveport5366.7%$259,900$164,00058.5%
Gahanna3410240%$259,500$220,00018%
Pinhook12-50%$250,000$197,75026.4%
Reynoldsburg2311109.1%$215,000$175,00022.9%
Columbus786345127.8%$211,750$173,50022%
Huber Ridge5366.7%$205,000$205,0000%
Obetz93200%$200,000$175,00014.3%

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