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Saturday, May 18, 2024

January 2022: Home prices in Springboro increased

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The median sale price of a home sold in January 2022 in Springboro rose by $91,000 while total sales decreased by 28%, according to BlockShopper.com.

In January 2022, there were 18 homes sold, with a median sale price of $342,500 - a 36.2% increase over the $251,500 median sale price for the same period of the previous year. There were 25 homes sold in Springboro in January 2021.

The median sales tax in Springboro for the most recent year with available data, 2018, was $3,148, approximately 0.9% of the median home sale price for January 2022.

The following table compares Springboro to other Warren 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)
Blanchester110%$385,000$250,00054%
Deerfield Township241560%$357,500$367,000-2.6%
Springboro1825-28%$342,500$251,50036.2%
Morrow1620-20%$312,000$265,00017.7%
Five Points220%$301,250$370,500-18.7%
Lebanon3045-33.3%$278,450$245,00013.7%
Mason3146-32.6%$270,000$275,250-1.9%
Landen171330.8%$265,000$255,0003.9%
Hunter34-25%$199,900$118,50068.7%
South Lebanon6520%$188,750$387,560-51.3%
Waynesville14955.6%$185,500$306,000-39.4%

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