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South Central Reporter

Saturday, November 23, 2024

Centralia home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Centralia fell by $7,000 while total sales increased by 21.1%, according to BlockShopper.com.

In May 2017, there were 23 homes sold, with a median sale price of $45,000 - a 13.5% decrease over the $52,000 median sale price for the same period of the previous year. There were 19 homes sold in Centralia in May 2016.

The median sales tax in Centralia for 2017 was $941. In 2016, the median sales tax was $941, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Centralia to other Marion County cities in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Kell110%$190,000$160,00018.8%
Iuka3250%$122,000$130,000-6.2%
Kinmundy51400%$70,000$33,000112.1%
Centralia231921.1%$45,000$52,000-13.5%
Salem1013-23.1%$40,750$65,000-37.3%
Alma220%$32,500$220,000-85.2%
Odin23-33.3%$27,250$63,000-56.7%
Sandoval13-66.7%$20,000$80,000-75%
Patoka3250%$14,000$59,500-76.5%
Junction City10-$10,000$0-
Vernon01-100%$0$12,000-100%
Wamac00-$0$0-
Walnut Hill00-$0$0-
Central City01-100%$0$56,000-100%

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