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Thursday, October 17, 2024

Pricing for the median home in Springboro decreased during May 2021

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The median sale price of a home sold in May 2021 in Springboro fell by $19,950 while total sales decreased by 30.6%, according to BlockShopper.com.

In May 2021, there were 25 homes sold, with a median sale price of $235,000 - a 7.8% decrease over the $254,950 median sale price for the same period of the previous year. There were 36 homes sold in Springboro in May 2020.

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 May 2021.

The following table compares Springboro to other Warren County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Landen261936.8%$285,000$245,00016.3%
Morrow181428.6%$278,500$172,47561.5%
Lebanon604050%$275,500$212,87529.4%
Blanchester110%$262,000$260,0000.8%
Mason474114.6%$235,000$254,900-7.8%
Springboro2536-30.6%$235,000$254,950-7.8%
Corwin21100%$220,500$220,0000.2%
Hunter3250%$203,000$154,00031.8%
Carlisle4333.3%$192,000$129,00048.8%
Pleasant Plain12-50%$165,000$178,900-7.8%
Franklin27270%$163,500$139,90016.9%

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