Fairfax home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Fairfax rose by $14,000 while total sales decreased by 45.5%, according to BlockShopper.com.

From January through March of 2020, there were six homes sold, with a median sale price of $185,000 - a 8.2% increase over the $171,000 median sale price for the same period of the previous year. There were 11 homes sold in Fairfax in the first quarter of 2019.

The following table compares Fairfax to other Hamilton County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Miami Township2029-31%$234,750$171,00037.3%
Kenwood161323.1%$230,000$350,000-34.3%
Mack South910-10%$205,000$213,250-3.9%
Addyston110%$200,000$17,0001076.5%
Monfort Heights South1417-17.6%$199,000$157,57526.3%
Fairfax611-45.5%$185,000$171,0008.2%
Evendale770%$183,000$287,000-36.2%
Finneytown63100%$175,000$115,00052.2%
Norwood79781.3%$171,800$135,50026.8%
Monfort Heights East146133.3%$168,500$122,50037.6%
Dillonvale89-11.1%$167,450$156,0007.3%

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