From January through June, there were 15 homes sold, with a median sale price of $85,000 - a 58.5 percent decrease from the $205,000 median sale price for the same period of the previous year. There were seven homes sold in Iuka in the first half of 2021.
The median sales tax in Iuka for the most recent year with available data, 2018, was $1,104, approximately 1.3 percent of the median home sale price for the first half of 2022.
The following table compares Iuka to other Marion County cities with similar median sale prices in the first half of 2022:
City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Walnut Hill | 4 | 3 | 33.3 | $109,000 | $229,500 | -52.5 |
Iuka | 15 | 7 | 114.3 | $85,000 | $205,000 | -58.5 |
Salem | 83 | 87 | -4.6 | $84,500 | $84,000 | 0.6 |
Centralia | 136 | 111 | 22.5 | $74,000 | $66,900 | 10.6 |
Patoka | 7 | 10 | -30 | $65,000 | $44,500 | 46.1 |
Sandoval | 9 | 13 | -30.8 | $65,000 | $33,000 | 97 |
Kinmundy | 12 | 10 | 20 | $60,000 | $75,500 | -20.5 |
Alma | 2 | 6 | -66.7 | $55,000 | $44,000 | 25 |
Odin | 14 | 12 | 16.7 | $39,000 | $16,351 | 138.5 |
Central City | 11 | 7 | 57.1 | $35,000 | $40,000 | -12.5 |
Kell | 4 | 8 | -50 | $16,500 | $63,250 | -73.9 |