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South Central Reporter

Wednesday, November 27, 2024

Kinmundy home prices rise in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Kinmundy rose by $44,750 while total sales increased by 150%, according to BlockShopper.com.

From October through December of 2017, there were five homes sold, with a median sale price of $79,000 - a 130.7% increase over the $34,250 median sale price for the same period of the previous year. There were two homes sold in Kinmundy in the fourth quarter of 2016.

The median sales tax in Kinmundy for 2017 was $966.32. In 2016, the median sales tax was $966.30. This marks an decrease of 0%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Kinmundy to other Marion County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Vernon10-$139,000$0-
Kell13-66.7%$106,000$142,000-25.4%
Kinmundy52150%$79,000$34,250130.7%
Salem45427.1%$70,000$52,00034.6%
Iuka610-40%$53,500$66,702.50-19.8%
Patoka45-20%$49,000$2,5001860%
Centralia47462.2%$28,000$42,750-34.5%
Alma220%$27,050$15,00080.3%
Odin48-50%$25,088.50$41,500-39.5%
Sandoval93200%$20,000$81,000-75.3%
Walnut Hill30-$18,348$0-

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