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Butler County Today

Friday, November 22, 2024

Home prices decreased in Morgan during Q3

Realestate1

The median sale price of a home sold in the third quarter of 2022 in Morgan fell by $16,750 while total sales decreased by 6.3 percent, according to BlockShopper.com.

From July through September, there were 15 homes sold, with a median sale price of $280,000 - a 5.6 percent decrease from the $296,750 median sale price for the same period of the previous year. There were 16 homes sold in Morgan in the third quarter of 2021.

The median sales tax in Morgan for the most recent year with available data, 2018, was $2,634, approximately 0.9 percent of the median home sale price for the third quarter of 2022.

The following table compares Morgan to other Butler County cities with similar median sale prices in the third quarter of 2022:

CityJuly - September 2022 Home SalesJuly - September 2021 Home Sales% change (Total Home Sales)July - September 2022 Median Sales PriceJuly - September 2021 Median Sales Price% change (Median Sales Price)
West Chester2922852.5$334,000$325,0002.8
Wayne910-10$325,000$293,00010.9
Reily67-14.3$297,000$220,00035
Monroe3350-34$295,000$256,57615
Ross25238.7$280,000$247,90012.9
Morgan1516-6.3$280,000$296,750-5.6
Fairfield Township85132-35.6$269,900$285,000-5.3
Oxford5762-8.1$269,000$221,10021.7
Madison Township2830-6.7$252,500$210,50020
Millville14-75$250,000$172,50044.9
Milford990$245,000$228,0007.5

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