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Monday, November 25, 2024

Falling home prices in Lockhart in April

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The median sale price of a home sold in April in Lockhart fell by $63,050 while total sales increased by 500 percent, according to BlockShopper.com.

In April, there were 24 homes sold, with a median sale price of $162,750 - a 27.9 percent decrease from the $225,800 median sale price for the same period of the previous year. There were four homes sold in Lockhart in April 2021.

The median sales tax in Lockhart for the most recent year with available data, 2019, was $1,168, approximately 0.7 percent of the median home sale price for April.

The following table compares Lockhart to other Orange 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)
Oak Ridge170-$245,000$0-
Pine Hills640-$220,000$0-
South Apopka80-$212,500$0-
Tangelo Park70-$200,000$0-
Bithlo180-$184,750$0-
Orlovista100-$172,500$0-
Lockhart244500$162,750$225,800-27.9
Zellwood130-$157,000$0-
Tangerine10-$132,500$0-
Taft50-$50,000$0-
Eatonville20-$41,550$0-

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