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Friday, October 18, 2024

Rising home prices in Westerville in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Westerville rose by $61,200 while total sales increased by 137.5%, according to BlockShopper.com.

From July through September of 2021, there were 114 homes sold, with a median sale price of $322,700 - a 23.4% increase over the $261,500 median sale price for the same period of the previous year. There were 48 homes sold in Westerville in the third quarter of 2020.

The median sales tax in Westerville for the most recent year with available data, 2019, was $5,424, approximately 1.7% of the median home sale price for the third quarter of 2021.

The following table compares Westerville 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)
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%
Blacklick342347.8%$350,500$300,00016.8%
Westerville11448137.5%$322,700$261,50023.4%
Gahanna895078%$315,000$266,50018.2%
Canal Winchester201811.1%$310,500$242,50028%
Grove City17174131.1%$285,000$245,00016.3%
Galloway52150%$278,000$180,75053.8%
Minerva Park42100%$273,750$218,25025.4%

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