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Butler County Today

Friday, November 22, 2024

Pricing for the median home in Madison Township increased during the first half of 2022

Realestate2

The median sale price of a home sold in the first half of 2022 in Madison Township rose by $53,000 while total sales decreased by 18.6 percent, according to BlockShopper.com.

From January through June, there were 48 homes sold, with a median sale price of $226,500 - a 30.5 percent increase over the $173,500 median sale price for the same period of the previous year. There were 59 homes sold in Madison Township in the first half of 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 the first half of 2022.

The following table compares Madison Township to other Butler County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Ross47446.8$295,000$221,45033.2
Fairfield Township148189-21.7$293,200$243,50020.4
Monroe7391-19.8$260,000$237,5009.5
Oxford88113-22.1$253,500$195,25029.8
Wayne161060$237,450$135,00075.9
Madison Township4859-18.6$226,500$173,50030.5
Trenton9294-2.1$222,200$176,00026.3
Seven Mile9650$219,000$145,15050.9
Milford1621-23.8$216,450$170,00027.3
Millville57-28.6$214,900$169,40026.9
Hanover Township5762-8.1$210,000$197,5006.3

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