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Butler County Today

Sunday, November 24, 2024

April: Madison Township experienced a 57.3% increase in median home prices

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The median sale price of a home sold in April in Madison Township rose by $80,100 while total sales decreased by 52.6 percent, according to BlockShopper.com.

In April, there were nine homes sold, with a median sale price of $220,000 - a 57.3 percent increase over the $139,900 median sale price for the same period of the previous year. There were 19 homes sold in Madison Township in April 2021.

The median sales tax in Madison Township for the most recent year with available data, 2018, was $2,017, approximately 0.9 percent of the median home sale price for April.

The following table compares Madison Township to other Butler County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Oxford211910.5$262,000$189,00038.6
Monroe1322-40.9$259,900$254,0002.3
Wayne50-$250,000$0-
Trenton1520-25$240,000$182,50031.5
Seven Mile41300$222,500$188,00018.4
Madison Township919-52.6$220,000$139,90057.3
Millville110$214,900$172,50024.6
Milford440$196,450$142,45037.9
Hanover Township161323.1$192,000$271,000-29.2
Fairfield5597-43.3$188,000$186,0001.1
Morgan47-42.9$173,500$145,00019.7

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