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Friday, April 18, 2025

The second half of 2021: Home prices in New Albany increased

Webp re 5

The median sale price of a home sold in the second half of 2021 in New Albany rose by $175,000 while total sales increased by 88.4%, according to BlockShopper.com.

From July through December of 2021, there were 81 homes sold, with a median sale price of $725,000 - a 31.8% increase over the $550,000 median sale price for the same period of the previous year. There were 43 homes sold in New Albany in the second half of 2020.

The median sales tax in New Albany for the most recent year with available data, 2019, was $12,245, approximately 1.7% of the median home sale price for the second half of 2021.

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

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Marble Cliff21100%$1,070,000$699,90052.9%
New Albany814388.4%$725,000$550,00031.8%
Upper Arlington16013221.2%$525,000$466,00012.7%
Dublin1459848%$515,000$403,75027.6%
Linworth20-$463,750$0-
Worthington Hills31200%$454,000$442,0002.7%
Bexley5624133.3%$450,999.50$468,000-3.6%
Grandview Heights231735.3%$450,000$382,00017.8%
Riverlea31200%$435,000$397,0009.6%
Worthington593190.3%$380,000$358,5006%
Hilliard17710470.2%$350,000$311,00012.5%

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