Five Points 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 Five Points fell by $9,000 while total sales decreased by 40%, according to

From July through September of 2020, there were nine homes sold, with a median sale price of $365,000 - a 2.4% decrease over the $374,000 median sale price for the same period of the previous year. There were 15 homes sold in Five Points in the third quarter of 2019.

The median sales tax in Five Points for the most recent year with available data, 2018, was $4,231, approximately 1.2% of the median home sale price for the third quarter of 2020.

The following table compares Five Points to other Warren 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)
Five Points915-40%$365,000$374,000-2.4%
Deerfield Township1029013.3%$327,750$297,95010%
Pleasant Plain48-50%$285,000$187,75051.8%

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