What happened to the median home price in Springboro during January 2021?

Medium re 3

The median sale price of a home sold in January 2021 in Springboro fell by $24,000 while total sales decreased by 10.7%, according to BlockShopper.com.

In January 2021, there were 25 homes sold, with a median sale price of $251,500 - a 8.7% decrease over the $275,500 median sale price for the same period of the previous year. There were 28 homes sold in Springboro in January 2020.

The median sales tax in Springboro for the most recent year with available data, 2018, was $3,148, approximately 1.3% of the median home sale price for January 2021.

The following table compares Springboro to other Warren County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Clarksville110%$298,000$82,500261.2%
Mason463821.1%$275,250$227,45021%
Harveysburg110%$269,900$88,000206.7%
Morrow201181.8%$265,000$218,00021.6%
Landen1316-18.8%$255,000$251,2501.5%
Springboro2528-10.7%$251,500$275,500-8.7%
Blanchester110%$250,000$430,000-41.9%
Lebanon454012.5%$245,000$186,00031.7%
Maineville20-$210,000$0-
Franklin3036-16.7%$176,500$131,00034.7%
Pleasant Plain10-$175,000$0-

Blockshopper green logo