Fairfax home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Fairfax fell by $57,950 while total sales decreased by 37.5%, according to BlockShopper.com.

From July through September of 2020, there were five homes sold, with a median sale price of $117,000 - a 33.1% decrease over the $174,950 median sale price for the same period of the previous year. There were eight homes sold in Fairfax in the third quarter of 2019.

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

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Colerain Township534517.8%$140,000$139,0000.7%
Golf Manor171154.5%$135,000$91,00048.4%
North College Hill4061-34.4%$114,885$65,00076.7%
Mount Healthy2125-16%$102,000$107,000-4.7%
Arlington Heights42100%$85,000$63,95032.9%
St. Bernard302615.4%$84,500$77,5009%

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