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Saturday, October 19, 2024

Home prices increased in Minerva Park during the second half of 2020

Realestate077

The median sale price of a home sold in the second half of 2020 in Minerva Park rose by $23,417 while total sales decreased by 57.1%, according to BlockShopper.com.

From July through December of 2020, there were six homes sold, with a median sale price of $227,917 - a 11.5% increase over the $204,500 median sale price for the same period of the previous year. There were 14 homes sold in Minerva Park in the second half of 2019.

The median sales tax in Minerva Park for the most recent year with available data, 2019, was $4,060, approximately 1.8% of the median home sale price for the second half of 2020.

The following table compares Minerva Park to other Franklin County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Gahanna99185-46.5%$263,000$250,0005.2%
Flint34-25%$251,000$227,50010.3%
Canal Winchester3742-11.9%$249,900$232,2507.6%
Grove City158267-40.8%$248,200$218,00013.9%
Pinhook37-57.1%$239,900$219,0009.5%
Minerva Park614-57.1%$227,917$204,50011.5%
Galloway623-73.9%$225,000$183,55522.6%
Groveport3349-32.7%$205,000$210,500-2.6%
Huber Ridge1745-62.2%$195,000$172,00013.4%
Lake Darby1637-56.8%$194,950$180,0008.3%
Reynoldsburg85183-53.6%$190,000$155,00022.6%

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