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South Central Reporter

Tuesday, November 26, 2024

Kinmundy home prices fall in the second quarter of 2019

Re 12

The median sale price of a home sold in the second quarter of 2019 in Kinmundy fell by $72,500 while total sales increased by 50%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $20,000 - a 78.4% decrease over the $92,500 median sale price for the same period of the previous year. There were two homes sold in Kinmundy in the second quarter of 2018.

The median sales tax in Kinmundy for the most recent year with available data, 2017, was $966, approximately 4.8% of the median home sale price for the second quarter of 2019.

The following table compares Kinmundy to other Marion County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Kell21100%$131,250$168,000-21.9%
Salem474114.6%$75,100$76,000-1.2%
Iuka67-14.3%$47,745$75,000-36.3%
Centralia5366-19.7%$40,000$40,0000%
Odin9812.5%$35,000$41,500-15.7%
Junction City12-50%$29,900$25,463.5017.4%
Kinmundy3250%$20,000$92,500-78.4%
Central City78-12.5%$9,500$44,950-78.9%
Patoka39-66.7%$9,000$52,500-82.9%
Walnut Hill110%$5,900$80,000-92.6%
Sandoval23-33.3%$2,250$56,500-96%
Vernon01-100%$0$3,000-100%
Alma01-100%$0$10,000-100%
Wamac02-100%$0$9,875-100%

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