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

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The median sale price of a home sold in January 2021 in Elmwood Place fell by $8,500 while total sales increased by 350%, according to BlockShopper.com.

In January 2021, there were nine homes sold, with a median sale price of $29,000 - a 22.7% decrease over the $37,500 median sale price for the same period of the previous year. There were two homes sold in Elmwood Place in January 2020.

The following table compares Elmwood Place to other Hamilton 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)
Mount Healthy134225%$125,000$94,00033%
North College Hill1023-56.5%$107,000$103,0003.9%
St. Bernard126100%$102,500$36,000184.7%
Arlington Heights20-$97,450$0-
Lincoln Heights37-57.1%$40,000$28,00042.9%
Elmwood Place92350%$29,000$37,500-22.7%

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