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South Central Reporter

Tuesday, April 29, 2025

Patoka home prices rise in the first half of 2018

Realestate2

The median sale price of a home sold in the first half of 2018 in Patoka rose by $7,252 while total sales increased by 7.7%, according to BlockShopper.com.

From January through June of 2018, there were 14 homes sold, with a median sale price of $39,752 - a 22.3% increase over the $32,500 median sale price for the same period of the previous year. There were 13 homes sold in Patoka in the first half of 2017.

The median sales tax in Patoka for the most recent year with available data, 2017, was $956, approximately 2.4% of the median home sale price for the first half of 2018.

The following table compares Patoka to other Marion County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Kinmundy49-55.6%$85,000$35,000142.9%
Salem5968-13.2%$65,000$71,000-8.5%
Odin13862.5%$48,000$53,500-10.3%
Central City10742.9%$43,500$23,00089.1%
Walnut Hill21100%$42,500$170,000-75%
Patoka14137.7%$39,751.50$32,50022.3%
Sandoval612-50%$35,750$25,00043%
Centralia11210012%$35,000$33,7503.7%
Junction City21100%$25,463.50$10,000154.6%
Alma12-50%$10,000$32,500-69.2%
Wamac30-$5,500$0-

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