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South Central Reporter

Saturday, November 23, 2024

Centralia home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Centralia fell by $2,750 while total sales increased by 21.1%, according to BlockShopper.com.

From January through March of 2018, there were 46 homes sold, with a median sale price of $31,000 - a 8.1% decrease over the $33,750 median sale price for the same period of the previous year. There were 38 homes sold in Centralia in the first quarter of 2017.

The median sales tax in Centralia for the most recent year with available data, 2017, was $940.60, approximately 3% of the median home sale price for the first quarter of 2018.

The following table compares Centralia to other Marion County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Iuka5366.7%$160,000$42,000281%
Odin5425%$62,000$56,00010.7%
Kinmundy21100%$53,500$35,00052.9%
Salem1830-40%$37,000$73,000-49.3%
Centralia463821.1%$31,000$33,750-8.1%
Central City25-60%$29,500$23,00028.3%
Patoka56-16.7%$12,000$45,750-73.8%
Wamac10-$5,500$0-
Walnut Hill110%$5,000$170,000-97.1%
Kell13-66.7%$4,000$37,000-89.2%
Sandoval36-50%$3,000$37,500-92%
Junction City00-$0$0-
Vernon00-$0$0-
Alma00-$0$0-

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