The median sale price of a home sold in the third quarter of 2020 in Seven Mile rose by $212,050 while total sales decreased by 50%, according to BlockShopper.com.
From July through September of 2020, there were two homes sold, with a median sale price of $394,500 - a 116.2% increase over the $182,450 median sale price for the same period of the previous year. There were four homes sold in Seven Mile in the third quarter of 2019.
The median sales tax in Seven Mile for the most recent year with available data, 2018, was $1,506, approximately 0.4% of the median home sale price for the third quarter of 2020.
The following table compares Seven Mile to other Butler County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Seven Mile | 2 | 4 | -50% | $394,500 | $182,450 | 116.2% |
| Liberty Township | 151 | 178 | -15.2% | $314,400 | $273,500 | 15% |
| West Chester | 301 | 294 | 2.4% | $270,000 | $254,950 | 5.9% |
| Ross | 38 | 28 | 35.7% | $251,000 | $212,250 | 18.3% |
| Milford | 8 | 8 | 0% | $241,000 | $234,950 | 2.6% |
| Morgan | 20 | 16 | 25% | $235,250 | $171,000 | 37.6% |
| Fairfield Township | 104 | 102 | 2% | $233,750 | $219,700 | 6.4% |
| Wayne | 18 | 9 | 100% | $225,500 | $121,500 | 85.6% |
| Monroe | 45 | 50 | -10% | $220,000 | $192,600 | 14.2% |
| Hanover Township | 33 | 41 | -19.5% | $203,500 | $177,500 | 14.6% |
| Oxford | 51 | 49 | 4.1% | $186,000 | $205,000 | -9.3% |
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