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Friday, November 15, 2024

Rising home prices in Lake Darby in the second half of 2020

Realestate4

The median sale price of a home sold in the second half of 2020 in Lake Darby rose by $14,950 while total sales decreased by 56.8%, according to BlockShopper.com.

From July through December of 2020, there were 16 homes sold, with a median sale price of $194,950 - a 8.3% increase over the $180,000 median sale price for the same period of the previous year. There were 37 homes sold in Lake Darby in the second half of 2019.

The median sales tax in Lake Darby for the most recent year with available data, 2019, was $4,129, approximately 2.1% of the median home sale price for the second half of 2020.

The following table compares Lake Darby to other Franklin County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Pinhook37-57.1%$239,900$219,0009.5%
Minerva Park614-57.1%$227,917$204,50011.5%
Galloway623-73.9%$225,000$183,55522.6%
Groveport3349-32.7%$205,000$210,500-2.6%
Huber Ridge1745-62.2%$195,000$172,00013.4%
Lake Darby1637-56.8%$194,950$180,0008.3%
Reynoldsburg85183-53.6%$190,000$155,00022.6%
Briggsdale13-66.7%$190,000$82,000131.7%
Obetz1931-38.7%$188,000$140,00034.3%
Columbus2,6554,697-43.5%$185,000$165,00012.1%
Darbydale7475%$164,900$69,025138.9%

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