In April 2019, there were 11 homes sold, with a median sale price of $50,500 - a 11.6% decrease over the $57,150 median sale price for the same period of the previous year. There were 11 homes sold in Salem in April 2018, as well.
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 April 2019.
The following table compares Salem to other Marion County cities in April 2019:
City | Apr. 2019 Home Sales | Apr. 2018 Home Sales | % change (Total Home Sales) | Apr. 2019 Median Sales Price | Apr. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Patoka | 1 | 2 | -50% | $178,500 | $92,250 | 93.5% |
Centralia | 14 | 23 | -39.1% | $64,500 | $40,000 | 61.3% |
Iuka | 1 | 1 | 0% | $57,000 | $105,000 | -45.7% |
Salem | 11 | 11 | 0% | $50,500 | $57,150 | -11.6% |
Kinmundy | 3 | 1 | 200% | $20,000 | $78,000 | -74.4% |
Central City | 3 | 4 | -25% | $13,500 | $26,000 | -48.1% |
Odin | 2 | 2 | 0% | $3,000 | $64,000 | -95.3% |
Sandoval | 1 | 0 | - | $2,000 | $0 | - |
Wamac | 0 | 0 | - | $0 | $0 | - |
Walnut Hill | 0 | 1 | -100% | $0 | $80,000 | -100% |
Junction City | 0 | 1 | -100% | $0 | $5,500 | -100% |
Kell | 0 | 1 | -100% | $0 | $168,000 | -100% |
Vernon | 0 | 1 | -100% | $0 | $3,000 | -100% |
Alma | 0 | 0 | - | $0 | $0 | - |