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Butler County Today

Saturday, November 16, 2024

February 2022: Home prices in Morgan increased

Re 4

The median sale price of a home sold in February 2022 in Morgan rose by $277,450 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In February 2022, there were four homes sold, with a median sale price of $387,450 - a 252.2% increase over the $110,000 median sale price for the same period of the previous year. There were four homes sold in Morgan in February 2021, as well.

The median sales tax in Morgan for the most recent year with available data, 2018, was $2,634, approximately 0.7% of the median home sale price for February 2022.

The following table compares Morgan to other Butler County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Reily16-83.3%$397,000$248,20060%
Morgan440%$387,450$110,000252.2%
Liberty Township1836-50%$335,000$340,875-1.7%
Madison Township47-42.9%$327,500$210,00056%
West Chester4366-34.8%$320,000$263,50021.4%
Fairfield Township1920-5%$296,000$190,25055.6%
Milford24-50%$271,250$302,500-10.3%
Monroe512-58.3%$250,000$220,00013.6%
Oxford820-60%$225,000$204,50010%
Trenton16977.8%$203,000$199,9001.6%
Wayne23-33.3%$195,049.50$253,000-22.9%

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