What happened to the median home price in Terrace Park during April?

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The median sale price of a home sold in April in Terrace Park fell by $49,500 while total sales decreased by 37.5 percent, according to BlockShopper.com.

In April, there were five homes sold, with a median sale price of $523,500 - an 8.6 percent decrease from the $573,000 median sale price for the same period of the previous year. There were eight homes sold in Terrace Park in April 2021.

The following table compares Terrace Park to other Hamilton County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Indian Hill24-50$1,072,500$1,145,000-6.3
Terrace Park58-37.5$523,500$573,000-8.6
Amberley Village13-66.7$473,000$475,000-0.4
Symmes Township161323.1$410,000$455,000-9.9
Mack South46-33.3$317,500$205,75054.3

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