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Monday, November 25, 2024

The third quarter of 2021: Fairfax experienced a 78.2% increase in median home prices

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the third quarter of 2021 in Fairfax rose by $91,500 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2021, there were 10 homes sold, with a median sale price of $208,500 - a 78.2% increase over the $117,000 median sale price for the same period of the previous year. There were five homes sold in Fairfax in the third quarter of 2020.

The following table compares Fairfax to other Hamilton County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Sycamore Township3741-9.8%$254,000$168,00051.2%
Mack North168100%$229,950$232,000-0.9%
Loveland563369.7%$225,000$215,5004.4%
Sharonville533743.2%$212,305$195,0008.9%
White Oak East1926-26.9%$210,000$181,75015.5%
Fairfax105100%$208,500$117,00078.2%
Pleasant Run Farm2223-4.3%$206,000$187,00010.2%
Silverton251478.6%$200,000$166,00020.5%
Harrison645516.4%$199,950$194,0003.1%
Deer Park453528.6%$199,900$188,0006.3%
White Oak West131118.2%$199,900$186,0007.5%

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