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Saturday, November 16, 2024

How did home prices perform in Minerva Park during the second half of 2021?

Re 12

The median sale price of a home sold in the second half of 2021 in Minerva Park rose by $27,333 while total sales increased by 33.3%, according to BlockShopper.com.

From July through December of 2021, there were eight homes sold, with a median sale price of $255,250 - a 12% increase over the $227,917 median sale price for the same period of the previous year. There were six homes sold in Minerva Park in the second half of 2020.

The median sales tax in Minerva Park for the most recent year with available data, 2019, was $4,060, approximately 1.6% of the median home sale price for the second half of 2021.

The following table compares Minerva Park 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)
Canal Winchester3437-8.1%$310,500$249,90024.2%
Gahanna1709971.7%$310,055.50$263,00017.9%
Galloway156150%$278,000$225,00023.6%
Grove City30715894.3%$278,000$248,20012%
Flint13-66.7%$268,000$251,0006.8%
Minerva Park8633.3%$255,250$227,91712%
Groveport453336.4%$238,000$205,00016.1%
Lake Darby231643.8%$233,000$194,95019.5%
Columbus4,2892,65561.5%$225,000$185,00021.6%
Huber Ridge281764.7%$220,500$195,00013.1%
Pinhook23-33.3%$220,000$239,900-8.3%

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