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South Central Reporter

Tuesday, November 26, 2024

Montgomery County home valuations prices rose in the first half of 2022

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the first half of 2022 in Montgomery County rose by $11,612 while total sales decreased by 14.3%.

From January through June of 2022, there were 66 homes sold, with a median sale price of $71,612 - a 19.4% increase over the $60,000 median sale price for the same period of the previous year. There were 77 homes sold in Montgomery County in the first half of 2021.

The median sales tax in Montgomery County for the most recent year with available data, 2021, was $1,282 approximately 1.8% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Montgomery County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$60000$60000$67950$67950$71612$71612

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