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Saturday, November 2, 2024

What happened to the median home price in Fairfax during January 2022?

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The median sale price of a home sold in January 2022 in Fairfax fell by $24,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2022, there were three homes sold, with a median sale price of $202,500 - a 10.8% decrease over the $227,000 median sale price for the same period of the previous year. There were three homes sold in Fairfax in January 2021, as well.

The following table compares Fairfax to other Hamilton County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Glendale25-60%$221,290$237,000-6.6%
Sharonville813-38.5%$218,500$198,50010.1%
Pleasant Run Farm310-70%$215,000$193,25011.3%
Silverton26-66.7%$211,000$194,3008.6%
White Oak East550%$207,000$154,90033.6%
Fairfax330%$202,500$227,000-10.8%
Monfort Heights South49-55.6%$194,950$140,00039.3%
Newtown330%$187,000$200,000-6.5%
Harrison17170%$186,500$167,00011.7%
Springdale12933.3%$185,500$197,000-5.8%
Pleasant Run57-28.6%$183,000$150,00022%

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