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Sunday, November 24, 2024

Rising home prices in Pinhook in the third quarter of 2020

Realestate5

The median sale price of a home sold in the third quarter of 2020 in Pinhook rose by $29,750 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $242,750 - a 14% increase over the $213,000 median sale price for the same period of the previous year. There were four homes sold in Pinhook in the third quarter of 2019.

The median sales tax in Pinhook for the most recent year with available data, 2019, was $4,354, approximately 1.8% of the median home sale price for the third quarter of 2020.

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

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Hilliard57100-43%$297,790$276,0007.9%
Gahanna50103-51.5%$266,500$255,0004.5%
Flint21100%$265,500$205,00029.5%
Westerville48126-61.9%$261,500$262,000-0.2%
Grove City74150-50.7%$245,000$224,0009.4%
Pinhook24-50%$242,750$213,00014%
Canal Winchester1823-21.7%$242,500$229,9005.5%
Groveport1430-53.3%$225,250$212,5006%
Minerva Park28-75%$218,250$186,95016.7%
Reynoldsburg4996-49%$191,000$153,50024.4%
Lake Darby1023-56.5%$190,500$181,0005.2%

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