From January through June of 2017, there were nine homes sold, with a median sale price of $35,000. There were seven homes sold in Kinmundy in the first half of 2016, and the median sales price for the period was also $35,000.
The median sales tax in Kinmundy for 2017 was $966. In 2016, the median sales tax was $966, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares Kinmundy to other Marion County cities with similar median sales prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Walnut Hill | 1 | 1 | 0% | $170,000 | $129,900 | 30.9% |
Kell | 6 | 5 | 20% | $104,200 | $27,000 | 285.9% |
Iuka | 7 | 10 | -30% | $99,500 | $76,700 | 29.7% |
Salem | 68 | 65 | 4.6% | $71,000 | $62,000 | 14.5% |
Odin | 8 | 6 | 33.3% | $53,500 | $51,500 | 3.9% |
Kinmundy | 9 | 7 | 28.6% | $35,000 | $35,000 | 0% |
Centralia | 100 | 89 | 12.4% | $33,750 | $40,000 | -15.6% |
Patoka | 13 | 5 | 160% | $32,500 | $72,900 | -55.4% |
Alma | 2 | 6 | -66.7% | $32,500 | $82,500 | -60.6% |
Sandoval | 12 | 11 | 9.1% | $25,000 | $13,000 | 92.3% |
Central City | 7 | 8 | -12.5% | $23,000 | $38,250 | -39.9% |