Quantcast

South Central Reporter

Sunday, November 24, 2024

Iuka home prices fell in the first half of 2022

Realestate1

The median sale price of a home sold in the first half of 2022 in Iuka fell by $120,000 while total sales increased by 114.3 percent, according to BlockShopper.com.

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:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Walnut Hill4333.3$109,000$229,500-52.5
Iuka157114.3$85,000$205,000-58.5
Salem8387-4.6$84,500$84,0000.6
Centralia13611122.5$74,000$66,90010.6
Patoka710-30$65,000$44,50046.1
Sandoval913-30.8$65,000$33,00097
Kinmundy121020$60,000$75,500-20.5
Alma26-66.7$55,000$44,00025
Odin141216.7$39,000$16,351138.5
Central City11757.1$35,000$40,000-12.5
Kell48-50$16,500$63,250-73.9

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS