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Sunday, November 24, 2024

How did home prices perform in Gahanna during the third quarter of 2020?

Realestate077

The median sale price of a home sold in the third quarter of 2020 in Gahanna rose by $11,500 while total sales decreased by 51.5%, according to BlockShopper.com.

From July through September of 2020, there were 50 homes sold, with a median sale price of $266,500 - a 4.5% increase over the $255,000 median sale price for the same period of the previous year. There were 103 homes sold in Gahanna in the third quarter of 2019.

The median sales tax in Gahanna for the most recent year with available data, 2019, was $4,813, approximately 1.8% of the median home sale price for the third quarter of 2020.

The following table compares Gahanna 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)
Riverlea10-$397,000$0-
Grandview Heights513-61.5%$354,900$475,000-25.3%
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%

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