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Friday, November 15, 2024

What happened to the median home price in Canal Winchester during October 2020?

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The median sale price of a home sold in October 2020 in Canal Winchester rose by $32,500 while total sales increased by 60%, according to BlockShopper.com.

In October 2020, there were eight homes sold, with a median sale price of $272,500 - a 13.5% increase over the $240,000 median sale price for the same period of the previous year. There were five homes sold in Canal Winchester in October 2019.

The median sales tax in Canal Winchester for the most recent year with available data, 2019, was $4,821, approximately 1.8% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Dublin1723-26.1%$385,000$440,000-12.5%
Hilliard430-86.7%$352,500$272,50029.4%
Westerville1634-52.9%$305,000$256,75018.8%
Worthington711-36.4%$295,000$265,00011.3%
Gahanna522-77.3%$283,000$201,50040.4%
Canal Winchester8560%$272,500$240,00013.5%
Whitehall112-91.7%$269,900$112,500139.9%
Blacklick411-63.6%$261,250$250,0004.5%
Grove City2539-35.9%$230,100$239,900-4.1%
Huber Ridge310-70%$215,000$168,95027.3%
Lincoln Village36-50%$205,000$102,500100%

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