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South Franklin News

Friday, November 15, 2024

Rising home prices in Obetz in January 2021

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The median sale price of a home sold in January 2021 in Obetz rose by $51,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In January 2021, there were five homes sold, with a median sale price of $214,000 - a 31.3% increase over the $163,000 median sale price for the same period of the previous year. There were six homes sold in Obetz in January 2020.

The median sales tax in Obetz for the most recent year with available data, 2019, was $2,380, approximately 1.1% of the median home sale price for January 2021.

The following table compares Obetz to other Franklin County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Hilliard161323.1%$302,249.50$240,00025.9%
Westerville1516-6.3%$265,000$256,3503.4%
Grove City241833.3%$252,500$190,00032.9%
Lake Darby13-66.7%$240,000$179,00034.1%
Gahanna1527-44.4%$225,000$250,000-10%
Obetz56-16.7%$214,000$163,00031.3%
Reynoldsburg261662.5%$202,450$184,5009.7%
Canal Winchester39-66.7%$185,000$234,900-21.2%
Groveport4333.3%$178,000$194,900-8.7%
Minerva Park12-50%$176,200$171,2502.9%
Columbus551569-3.2%$173,000$141,00022.7%

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