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Sunday, September 22, 2024

The fourth quarter of 2020: Home prices in Gahanna increased

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The median sale price of a home sold in the fourth quarter of 2020 in Gahanna rose by $14,000 while total sales decreased by 40.2%, according to BlockShopper.com.

From October through December of 2020, there were 49 homes sold, with a median sale price of $257,500 - a 5.7% increase over the $243,500 median sale price for the same period of the previous year. There were 82 homes sold in Gahanna in the fourth quarter of 2019.

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 fourth quarter of 2020.

The following table compares Gahanna to other Franklin County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Dublin4477-42.9%$394,950$420,000-6%
Hilliard4770-32.9%$330,000$286,00015.4%
Westerville5177-33.8%$315,000$255,00023.5%
Canal Winchester19190%$275,000$239,90014.6%
Blacklick1928-32.1%$274,900$261,0005.3%
Gahanna4982-40.2%$257,500$243,5005.7%
Grove City84117-28.2%$255,725$211,90020.7%
Pinhook13-66.7%$239,900$221,5008.3%
Galloway411-63.6%$235,000$151,00055.6%
Minerva Park46-33.3%$227,917$218,2504.4%
Flint13-66.7%$221,500$250,000-11.4%

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