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Sunday, November 24, 2024

Westerville median home prices fell by 0.2% in the third quarter of 2020

Realestate2

The median sale price of a home sold in the third quarter of 2020 in Westerville fell by $500 while total sales decreased by 61.9%, according to BlockShopper.com.

From July through September of 2020, there were 48 homes sold, with a median sale price of $261,500 - a 0.2% decrease over the $262,000 median sale price for the same period of the previous year. There were 126 homes sold in Westerville in the third quarter of 2019.

The median sales tax in Westerville for the most recent year with available data, 2019, was $5,424, approximately 2.1% of the median home sale price for the third quarter of 2020.

The following table compares Westerville 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)
Worthington1740-57.5%$338,000$310,5008.9%
Blacklick2347-51.1%$300,000$266,00012.8%
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%

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