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Saturday, November 23, 2024

July 2021: Home prices in New Albany increased

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The median sale price of a home sold in July 2021 in New Albany rose by $225,000 while total sales increased by 122.2%, according to BlockShopper.com.

In July 2021, there were 20 homes sold, with a median sale price of $795,000 - a 39.5% increase over the $570,000 median sale price for the same period of the previous year. There were nine homes sold in New Albany in July 2020.

The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 1.5% of the median home sale price for July 2021.

The following table compares New Albany to other Franklin County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Marble Cliff10-$1,400,000$0-
New Albany209122.2%$795,000$570,00039.5%
Bexley94125%$660,000$434,50051.9%
Upper Arlington2931-6.5%$540,000$451,00019.7%
Grandview Heights61500%$520,000$729,000-28.7%
Dublin271668.8%$500,000$457,9009.2%
Worthington10911.1%$405,000$376,4107.6%
Hilliard472867.9%$370,000$296,39524.8%
Westerville4017135.3%$366,500$290,50026.2%
Gahanna301957.9%$344,000$245,00040.4%
Blacklick104150%$310,000$342,450-9.5%

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