From January through June, there were seven homes sold, with a median sale price of $65,000 - a 46.1 percent increase over the $44,500 median sale price for the same period of the previous year. There were 10 homes sold in Patoka in the first half of 2021.
The median sales tax in Patoka for the most recent year with available data, 2018, was $991, approximately 1.5 percent of the median home sale price for the first half of 2022.
The following table compares Patoka 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 |