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Warren-Clinton News

Wednesday, November 27, 2024

Springboro home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Springboro fell by $31,500 while total sales increased by 126.1%, according to BlockShopper.com.

In October 2020, there were 52 homes sold, with a median sale price of $248,500 - a 11.3% decrease over the $280,000 median sale price for the same period of the previous year. There were 23 homes sold in Springboro in October 2019.

The median sales tax in Springboro for the most recent year with available data, 2018, was $3,148, approximately 1.3% of the median home sale price for October 2020.

The following table compares Springboro to other Warren County cities with similar median sales 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)
Waynesville221915.8%$294,500$223,00032.1%
Mason594920.4%$287,000$259,90010.4%
Lebanon5568-19.1%$266,000$223,71218.9%
Landen322060%$260,250$253,5002.7%
Morrow261485.7%$252,500$193,37530.6%
Springboro5223126.1%$248,500$280,000-11.3%
Corwin110%$229,900$265,000-13.2%
Maineville20-$190,500$0-
Hunter52150%$179,900$280,750-35.9%
Franklin3642-14.3%$161,500$148,9508.4%
South Lebanon67-14.3%$146,500$119,00023.1%

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