South Central Reporter

South Central Reporter

Tuesday, October 22, 2019

Iuka home prices fall in June 2019

Real Estate

By Local Labs News Service | Jul 7, 2019


The median sale price of a home sold in June 2019 in Iuka fell by $45,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $30,000 - a 60% decrease over the $75,000 median sale price for the same period of the previous year. There were three homes sold in Iuka in June 2018, as well.

The median sales tax in Iuka for the most recent year with available data, 2017, was $967, approximately 3.2% of the median home sale price for June 2019.

The following table compares Iuka to other Marion County cities in June 2019:

City
June 2019 Home Sales
June 2018 Home Sales
% change (Total Home Sales)
June 2019 Median Sales Price
June 2018 Median Sales Price
% change (Median Sales Price)
Kell
1
0
-
$235,000
$0
-
Odin
2
3
-33.3%
$172,700
$15,000
1051.3%
Salem
16
16
0%
$64,000
$78,000
-17.9%
Iuka
3
3
0%
$30,000
$75,000
-60%
Centralia
24
20
20%
$29,450
$43,750
-32.7%
Central City
3
2
50%
$9,000
$92,500
-90.3%
Walnut Hill
1
0
-
$5,900
$0
-
Vernon
0
0
-
$0
$0
-
Kinmundy
0
1
-100%
$0
$107,000
-100%
Patoka
0
4
-100%
$0
$68,800
-100%
Alma
0
0
-
$0
$0
-
Sandoval
0
2
-100%
$0
$58,250
-100%
Wamac
0
0
-
$0
$0
-
Junction City
0
0
-
$0
$0
-

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