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Friday, November 15, 2024

The second quarter of 2021: Home prices in Grove City increased

Realestate3

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Adobe Stock

The median sale price of a home sold in the second quarter of 2021 in Grove City rose by $12,500 while total sales increased by 137%, according to BlockShopper.com.

From April through June of 2021, there were 64 homes sold, with a median sale price of $277,500 - a 4.7% increase over the $265,000 median sale price for the same period of the previous year. There were 27 homes sold in Grove City in the second quarter of 2020.

The median sales tax in Grove City for the most recent year with available data, 2019, was $3,996, approximately 1.4% of the median home sale price for the second quarter of 2021.

The following table compares Grove City to other Franklin County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Linworth10-$335,000$0-
Minerva Park20-$332,500$0-
Blacklick194375%$320,000$384,500-16.8%
Canal Winchester63100%$310,100$266,00016.6%
Westerville4117141.2%$295,000$265,50011.1%
Grove City6427137%$277,500$265,0004.7%
Lake Darby63100%$275,509.50$249,90010.2%
Groveport5366.7%$259,900$164,00058.5%
Gahanna3410240%$259,500$220,00018%
Pinhook12-50%$250,000$197,75026.4%
Reynoldsburg2311109.1%$215,000$175,00022.9%

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