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Thursday, November 14, 2024

How did home prices perform in Galloway during the third quarter of 2021?

Realestate4

The median sale price of a home sold in the third quarter of 2021 in Galloway rose by $97,250 while total sales increased by 150%, according to BlockShopper.com.

From July through September of 2021, there were five homes sold, with a median sale price of $278,000 - a 53.8% increase over the $180,750 median sale price for the same period of the previous year. There were two homes sold in Galloway in the third quarter of 2020.

The median sales tax in Galloway for the most recent year with available data, 2019, was $4,093, approximately 1.5% of the median home sale price for the third quarter of 2021.

The following table compares Galloway 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)
Blacklick342347.8%$350,500$300,00016.8%
Westerville11448137.5%$322,700$261,50023.4%
Gahanna895078%$315,000$266,50018.2%
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-

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