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South Central Reporter

Sunday, November 24, 2024

First half of 2022: Home prices in Kell fell

Re 10

The median sale price of a home sold in the first half of 2022 in Kell fell by $46,750 while total sales decreased by 50 percent, according to BlockShopper.com.

From January through June, there were four homes sold, with a median sale price of $16,500 - a 73.9 percent decrease from the $63,250 median sale price for the same period of the previous year. There were eight homes sold in Kell in the first half of 2021.

The median sales tax in Kell for the most recent year with available data, 2018, was $837, approximately 5.1 percent of the median home sale price for the first half of 2022.

The following table compares Kell 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)
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
Junction City10-$7,000$0-
Wamac3250$5,000$15,000-66.7

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