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South Central Reporter

Monday, November 18, 2024

Marion County home prices fell in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Marion County fell by $4,000 while total sales decreased by 13.3%.

From July through December of 2022, there were 293 homes sold, with a median sale price of $68,000 - a 5.6% decrease from the $72,000 median sale price for the same period of the previous year. There were 338 homes sold in Marion County in the second half of 2021.

The median sales tax in Marion County for the most recent year with available data, 2021, was $1,004 approximately 1.5% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Marion County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$72000$72000$70000$70000$68000$68000

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