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South Central Reporter

Sunday, November 24, 2024

Median home prices in Sandoval rose to $65,000 in the first half of 2022

Re 5

The median sale price of a home sold in the first half of 2022 in Sandoval rose by $32,000 while total sales decreased by 30.8 percent, according to BlockShopper.com.

From January through June, there were nine homes sold, with a median sale price of $65,000 - a 97 percent increase over the $33,000 median sale price for the same period of the previous year. There were 13 homes sold in Sandoval in the first half of 2021.

The median sales tax in Sandoval for the most recent year with available data, 2018, was $916, approximately 1.4 percent of the median home sale price for the first half of 2022.

The following table compares Sandoval 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

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