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Saturday, November 23, 2024

Gambier home prices fell in the second half of 2021

Realestate077

The median sale price of a home sold in the second half of 2021 in Gambier fell by $65,500 while total sales increased by 200%, according to BlockShopper.com.

From July through December of 2021, there were nine homes sold, with a median sale price of $210,000 - a 23.8% decrease over the $275,500 median sale price for the same period of the previous year. There were three homes sold in Gambier in the second half of 2020.

The median sales tax in Gambier for the most recent year with available data, 2019, was $2,288, approximately 1.1% of the median home sale price for the second half of 2021.

The following table compares Gambier to other Knox County cities in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley936836.8%$230,000$222,5003.4%
Gambier93200%$210,000$275,500-23.8%
Centerburg911-18.2%$210,000$165,00027.3%
Mount Vernon116133-12.8%$152,005$128,40018.4%
Fredericktown1824-25%$146,000$118,00023.7%
Danville8714.3%$110,750$75,00047.7%

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