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Thursday, November 14, 2024

Lake Darby median home prices rose by 36.5% in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Lake Darby rose by $69,500 while total sales decreased by 30%, according to BlockShopper.com.

From July through September of 2021, there were seven homes sold, with a median sale price of $260,000 - a 36.5% increase over the $190,500 median sale price for the same period of the previous year. There were 10 homes sold in Lake Darby in the third quarter of 2020.

The median sales tax in Lake Darby for the most recent year with available data, 2019, was $4,129, approximately 1.6% of the median home sale price for the third quarter of 2021.

The following table compares Lake Darby to other Franklin County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Canal Winchester201811.1%$310,500$242,50028%
Grove City17174131.1%$285,000$245,00016.3%
Galloway52150%$278,000$180,75053.8%
Minerva Park42100%$273,750$218,25025.4%
Pinhook12-50%$265,000$242,7509.2%
Lake Darby710-30%$260,000$190,50036.5%
Groveport211450%$238,000$225,2505.7%
Reese10-$234,900$0-
Columbus2,2201,30769.9%$230,950$184,90024.9%
Huber Ridge13944.4%$219,900$186,00018.2%
Obetz10825%$210,000$162,36929.3%

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