From January through December of 2017, there were 26 homes sold, with a median sale price of $20,000 - a 5.3% increase over the $19,000 median sale price for the previous year. There were 17 homes sold in Sandoval in 2016.
The median sales tax in Sandoval for 2017 was $809. In 2016, the median sales tax was $809, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4%.
The following table compares Sandoval to other Marion County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Walnut Hill | 5 | 1 | 400% | $80,000 | $129,900 | -38.4% |
| Salem | 164 | 150 | 9.3% | $66,750 | $64,500 | 3.5% |
| Kinmundy | 17 | 17 | 0% | $45,000 | $38,000 | 18.4% |
| Patoka | 21 | 14 | 50% | $36,000 | $43,750 | -17.7% |
| Centralia | 195 | 198 | -1.5% | $35,000 | $51,500 | -32% |
| Odin | 21 | 17 | 23.5% | $34,000 | $40,000 | -15% |
| Alma | 7 | 11 | -36.4% | $32,000 | $81,000 | -60.5% |
| Sandoval | 26 | 17 | 52.9% | $20,000 | $19,000 | 5.3% |
| Central City | 12 | 13 | -7.7% | $16,425 | $30,000 | -45.3% |
| Junction City | 7 | 4 | 75% | $10,000 | $13,000 | -23.1% |
| Wamac | 1 | 7 | -85.7% | $2,200 | $12,000 | -81.7% |
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