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Butler County Today

Sunday, September 22, 2024

The first quarter of 2021: Madison Township experienced a 32.9% increase in median home prices

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The median sale price of a home sold in the first quarter of 2021 in Madison Township rose by $49,750 while total sales increased by 9.1%, according to BlockShopper.com.

From January through March of 2021, there were 24 homes sold, with a median sale price of $201,000 - a 32.9% increase over the $151,250 median sale price for the same period of the previous year. There were 22 homes sold in Madison Township in the first quarter of 2020.

The median sales tax in Madison Township for the most recent year with available data, 2018, was $2,017, approximately 1% of the median home sale price for the first quarter of 2021.

The following table compares Madison Township to other Butler County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Reily83166.7%$236,650$275,000-13.9%
Fairfield Township756417.2%$235,000$199,00018.1%
Monroe363020%$226,500$182,50024.1%
Hanover Township262313%$213,700$150,00042.5%
Ross241741.2%$202,500$185,0009.5%
Madison Township24229.1%$201,000$151,25032.9%
Milford101900%$194,000$145,00033.8%
Morgan10825%$183,750$166,25010.5%
Oxford453721.6%$179,500$266,000-32.5%
Trenton4143-4.7%$177,000$141,00025.5%
Fairfield1581449.7%$174,500$149,95016.4%

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