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Butler County Today

Wednesday, December 25, 2024

Falling home prices in New Miami in January 2022

Re 7

The median sale price of a home sold in January 2022 in New Miami fell by $22,212 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In January 2022, there were six homes sold, with a median sale price of $79,788 - a 21.8% decrease over the $102,000 median sale price for the same period of the previous year. There were six homes sold in New Miami in January 2021, as well.

The median sales tax in New Miami for the most recent year with available data, 2018, was $895, approximately 1.1% of the median home sale price for January 2022.

The following table compares New Miami to other Butler 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)
Fairfield63613.3%$229,900$177,20029.7%
Milford13-66.7%$220,000$218,0000.9%
Oxford8714.3%$216,500$204,0006.1%
Hanover Township69-33.3%$190,500$209,500-9.1%
Seven Mile10-$162,500$0-
Trenton1324-45.8%$155,500$168,450-7.7%
Middletown6279-21.5%$135,000$87,50054.3%
Hamilton6195-35.8%$129,900$120,0008.3%
Millville12-50%$112,500$184,500-39%
St. Clair48-50%$105,500$126,500-16.6%
New Miami660%$79,788$102,000-21.8%

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