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Saturday, November 23, 2024

August 2021: Home prices in New Albany increased

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The median sale price of a home sold in August 2021 in New Albany rose by $357,000 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2021, there were 16 homes sold, with a median sale price of $772,500 - a 85.9% increase over the $415,500 median sale price for the same period of the previous year. There were 12 homes sold in New Albany in August 2020.

The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 1.6% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
New Albany161233.3%$772,500$415,50085.9%
Upper Arlington282040%$585,550$480,50021.9%
Dublin372268.2%$561,000$400,50040.1%
Linworth10-$505,000$0-
Galloway110%$475,000$255,00086.3%
Bexley153400%$450,000$325,00038.5%
Grandview Heights62200%$397,500$318,45024.8%
Worthington124200%$397,500$303,120.5031.1%
Blacklick121020%$372,500$270,25037.8%
Hilliard251838.9%$350,000$308,45013.5%
Gahanna2814100%$336,500$264,00027.5%

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