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South Franklin News

Friday, November 15, 2024

Falling home prices in Canal Winchester in November 2020

Re 11

The median sale price of a home sold in November 2020 in Canal Winchester fell by $5,450 while total sales decreased by 37.5%, according to BlockShopper.com.

In November 2020, there were five homes sold, with a median sale price of $210,000 - a 2.5% decrease over the $215,450 median sale price for the same period of the previous year. There were eight homes sold in Canal Winchester in November 2019.

The median sales tax in Canal Winchester for the most recent year with available data, 2019, was $4,821, approximately 2.3% of the median home sale price for November 2020.

The following table compares Canal Winchester to other Franklin County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Westerville1617-5.9%$322,500$261,90023.1%
Blacklick89-11.1%$274,950$333,625-17.6%
Grove City2137-43.2%$260,000$195,00033.3%
Gahanna1132-65.6%$250,104$247,2501.2%
Lake Darby34-25%$250,000$140,00078.6%
Canal Winchester58-37.5%$210,000$215,450-2.5%
Groveport45-20%$205,000$150,00036.7%
Galloway34-25%$195,000$154,95025.8%
Briggsdale10-$190,000$0-
Reynoldsburg1426-46.2%$190,000$157,00021%
Columbus358716-50%$180,000$166,3858.2%

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