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South Central Reporter

Tuesday, November 26, 2024

Kinmundy home prices unchanged in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Kinmundy was unchanged while total sales increased by 28.6%, according to BlockShopper.com.

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:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Walnut Hill110%$170,000$129,90030.9%
Kell6520%$104,200$27,000285.9%
Iuka710-30%$99,500$76,70029.7%
Salem68654.6%$71,000$62,00014.5%
Odin8633.3%$53,500$51,5003.9%
Kinmundy9728.6%$35,000$35,0000%
Centralia1008912.4%$33,750$40,000-15.6%
Patoka135160%$32,500$72,900-55.4%
Alma26-66.7%$32,500$82,500-60.6%
Sandoval12119.1%$25,000$13,00092.3%
Central City78-12.5%$23,000$38,250-39.9%

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