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Tuesday, November 26, 2024

The third quarter of 2021: Home prices in New Albany increased

Realestate077

The median sale price of a home sold in the third quarter of 2021 in New Albany rose by $233,000 while total sales increased by 82.8%, according to BlockShopper.com.

From July through September of 2021, there were 53 homes sold, with a median sale price of $775,000 - a 43% increase over the $542,000 median sale price for the same period of the previous year. There were 29 homes sold in New Albany in the third quarter of 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 the third quarter of 2021.

The following table compares New Albany to other Franklin County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Marble Cliff21100%$1,070,000$699,90052.9%
New Albany532982.8%$775,000$542,00043%
Upper Arlington86816.2%$545,000$460,00018.5%
Dublin905466.7%$530,000$410,00029.3%
Worthington Hills21100%$507,000$442,00014.7%
Bexley3011172.7%$474,000$425,00011.5%
Linworth20-$463,750$0-
Grandview Heights135160%$440,000$354,90024%
Riverlea110%$435,000$397,0009.6%
Worthington3817123.5%$387,500$338,00014.6%
Hilliard965768.4%$351,000$297,79017.9%

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