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Saturday, May 18, 2024

The fourth quarter of 2021: Home prices in Springboro increased

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The median sale price of a home sold in the fourth quarter of 2021 in Springboro rose by $42,500 while total sales increased by 14.2%, according to BlockShopper.com.

From October through December of 2021, there were 137 homes sold, with a median sale price of $320,000 - a 15.3% increase over the $277,500 median sale price for the same period of the previous year. There were 120 homes sold in Springboro in the fourth quarter of 2020.

The median sales tax in Springboro for the most recent year with available data, 2018, was $3,148, approximately 1% of the median home sale price for the fourth quarter of 2021.

The following table compares Springboro to other Warren County cities with similar median sale prices 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)
Five Points16156.7%$386,325$337,50014.5%
Deerfield Township957723.4%$360,000$325,00010.8%
South Lebanon201533.3%$357,050$135,855162.8%
Springboro13712014.2%$320,000$277,50015.3%
Mason1551429.2%$300,000$249,90020%
Morrow69664.5%$291,500$237,50022.7%
Landen7376-3.9%$273,800$262,7504.2%
Corwin220%$270,000$230,95016.9%
Waynesville4157-28.1%$269,900$300,000-10%
Lebanon18014028.6%$259,450$252,5002.8%
Blanchester24-50%$258,745$132,45095.4%

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