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South Central Reporter

Thursday, December 26, 2024

Salem home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Salem rose by $13,250 while total sales increased by 28.6%, according to BlockShopper.com.

In January 2019, there were nine homes sold, with a median sale price of $52,250 - a 34% increase over the $39,000 median sale price for the same period of the previous year. There were seven homes sold in Salem in January 2018.

The median sales tax in Salem for the most recent year with available data, 2017, was $1,284, approximately 2.5% of the median home sale price for January 2019.

The following table compares Salem to other Marion County cities in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Kell10-$192,000$0-
Centralia812-33.3%$99,950$47,250111.5%
Sandoval20-$71,500$0-
Salem9728.6%$52,250$39,00034%
Iuka12-50%$45,000$206,500-78.2%
Odin220%$36,000$34,2005.3%
Wamac10-$7,500$0-
Vernon00-$0$0-
Kinmundy00-$0$0-
Patoka01-100%$0$52,000-100%
Alma00-$0$0-
Walnut Hill00-$0$0-
Junction City00-$0$0-
Central City01-100%$0$12,000-100%

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