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South Central Reporter

Saturday, November 23, 2024

Central City home prices rise in the first quarter of 2018

Realestate5

The median sale price of a home sold in the first quarter of 2018 in Central City rose by $6,500 while total sales decreased by 60%, according to BlockShopper.com.

From January through March of 2018, there were two homes sold, with a median sale price of $29,500 - a 28.3% increase over the $23,000 median sale price for the same period of the previous year. There were five homes sold in Central City in the first quarter of 2017.

The median sales tax in Central City for the most recent year with available data, 2017, was $352, approximately 1.2% of the median home sale price for the first quarter of 2018.

The following table compares Central City 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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