New Miami home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in New Miami rose by $3,088 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2020, there were 11 homes sold, with a median sale price of $45,750 - a 7.2% increase over the $42,663 median sale price for the same period of the previous year. There were 22 homes sold in New Miami in the first half of 2019.

The median sales tax in New Miami for the most recent year with available data, 2018, was $895, approximately 2% of the median home sale price for the first half of 2020.

The following table compares New Miami to other Butler County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Monroe5981-27.2%$185,500$188,000-1.3%
Hanover Township5253-1.9%$164,500$161,0002.2%
Fairfield3083002.7%$160,000$152,5674.9%
Trenton7987-9.2%$160,000$150,0006.7%
Madison Township504511.1%$152,500$148,0003%
St. Clair302615.4%$119,550$101,50017.8%
Middletown349370-5.7%$105,000$85,75022.4%
Hamilton412467-11.8%$102,750$92,50011.1%
Seven Mile84100%$99,750$106,375-6.2%
Lemon Township89-11.1%$78,000$24,600217.1%
New Miami1122-50%$45,750$42,662.507.2%

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