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Saturday, November 23, 2024

How did home prices perform in Gambier during the fourth quarter of 2021?

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The median sale price of a home sold in the fourth quarter of 2021 in Gambier rose by $5,750 while total sales increased by 50%, according to BlockShopper.com.

From October through December of 2021, there were three homes sold, with a median sale price of $206,000 - a 2.9% increase over the $200,250 median sale price for the same period of the previous year. There were two homes sold in Gambier in the fourth quarter 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 fourth quarter of 2021.

The following table compares Gambier to other Knox County cities in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley362733.3%$218,000$220,000-0.9%
Centerburg25-60%$212,500$165,00028.8%
Gambier3250%$206,000$200,2502.9%
Fredericktown812-33.3%$165,750$140,00018.4%
Mount Vernon4859-18.6%$156,450$116,50034.3%
Danville220%$110,750$70,052.5058.1%

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