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South Central Reporter

Sunday, November 17, 2024

Salem home prices fall in April 2019

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The median sale price of a home sold in April 2019 in Salem fell by $6,650 while total sales remained unchanged with 11 homes sold, according to BlockShopper.com.

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:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Patoka12-50%$178,500$92,25093.5%
Centralia1423-39.1%$64,500$40,00061.3%
Iuka110%$57,000$105,000-45.7%
Salem11110%$50,500$57,150-11.6%
Kinmundy31200%$20,000$78,000-74.4%
Central City34-25%$13,500$26,000-48.1%
Odin220%$3,000$64,000-95.3%
Sandoval10-$2,000$0-
Wamac00-$0$0-
Walnut Hill01-100%$0$80,000-100%
Junction City01-100%$0$5,500-100%
Kell01-100%$0$168,000-100%
Vernon01-100%$0$3,000-100%
Alma00-$0$0-

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