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South Central Reporter

Friday, November 22, 2024

Iuka home prices rise in November 2017

Re 10

The median sale price of a home sold in November 2017 in Iuka rose by $14,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In November 2017, there were two homes sold, with a median sale price of $80,000 - a 21.2% increase over the $66,000 median sale price for the same period of the previous year. There were two homes sold in Iuka in November 2016, as well.

The median sales tax in Iuka for 2017 was $967. In 2016, the median sales tax was $967, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Iuka to other Marion County cities in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Vernon10-$139,000$0-
Kell10-$106,000$0-
Walnut Hill10-$84,000$0-
Iuka220%$80,000$66,00021.2%
Salem1920-5%$62,500$68,500-8.8%
Odin23-33.3%$57,088.50$46,00024.1%
Kinmundy41300%$47,000$38,00023.7%
Centralia199111.1%$22,000$43,000-48.8%
Junction City10-$10,000$0-
Patoka12-50%$6,500$11,200-42%
Alma00-$0$0-
Sandoval00-$0$0-
Wamac01-100%$0$15,275-100%
Central City01-100%$0$20,000-100%

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