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North Cincy News

Tuesday, November 26, 2024

February 2022: Elmwood Place experienced a 52% drop in median home prices

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The median sale price of a home sold in February 2022 in Elmwood Place fell by $60,970 while total sales increased by 100%, according to BlockShopper.com.

In February 2022, there were four homes sold, with a median sale price of $56,280 - a 52% decrease over the $117,250 median sale price for the same period of the previous year. There were two homes sold in Elmwood Place in February 2021.

The following table compares Elmwood Place to other Hamilton County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Norwood2428-14.3%$137,500$169,750-19%
Pleasant Run62200%$134,450$198,000-32.1%
Mack North40-$129,000$0-
Springdale68-25%$127,500$166,992.50-23.6%
Dent89-11.1%$125,500$135,900-7.7%
Lincoln Heights21100%$117,500$42,000179.8%
St. Bernard62200%$114,000$217,000-47.5%
Covedale5425%$110,000$154,000-28.6%
North College Hill181520%$80,000$80,0000%
Elmwood Place42100%$56,280$117,250-52%
Addyston31200%$50,000$119,000-58%

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