West Chester home prices rise 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 West Chester rose by $15,050 while total sales increased by 2.4%, according to BlockShopper.com.

From July through September of 2020, there were 301 homes sold, with a median sale price of $270,000 - a 5.9% increase over the $254,950 median sale price for the same period of the previous year. There were 294 homes sold in West Chester in the third quarter of 2019.

The median sales tax in West Chester for the most recent year with available data, 2018, was $3,682, approximately 1.4% of the median home sale price for the third quarter of 2020.

The following table compares West Chester to other Butler 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)
Seven Mile24-50%$394,500$182,450116.2%
Liberty Township151178-15.2%$314,400$273,50015%
West Chester3012942.4%$270,000$254,9505.9%
Fairfield Township1041022%$233,750$219,7006.4%
Hanover Township3341-19.5%$203,500$177,50014.6%

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