Depew home prices rise in 2018

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The median sale price of a home sold in 2018 in Depew rose by $7,000 while total sales decreased by 90.8%, according to BlockShopper.com.

From January through December of 2018, there were 21 homes sold, with a median sale price of $130,000 - a 5.7% increase over the $123,000 median sale price for the previous year. There were 228 homes sold in Depew in 2017.

The following table compares Depew to other Erie County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Eden482-95.1%$153,750$151,2501.7%
Lake Erie Beach364-95.3%$150,000$74,187102.2%
Marilla239-94.9%$147,750$205,000-27.9%
West Seneca37584-93.7%$145,000$142,526.501.7%
Newstead137-97.3%$143,000$175,000-18.3%
Depew21228-90.8%$130,000$123,0005.7%
Tonawanda1061,195-91.1%$127,750$127,0000.6%
Angola on the Lake120-95%$115,185$115,200-0%
Kenmore33280-88.2%$109,999$130,000-15.4%
Akron238-94.7%$108,000$137,475-21.4%
Cheektowaga1351,172-88.5%$105,000$112,817.50-6.9%

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