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South Central Reporter

Thursday, September 19, 2024

Median home valuation prices in Marion County rose to $70,000 in August 2024 compared to August 2023

Realestate2

In August, the median sale price of a home in Marion County rose by $7,500 from the same period in the previous year, while total sales increased by 4.3%, according to BlockShopper.com.

Data shows that there were 48 homes sold in August, with a median sale price of $70,000 - a 12% increase over the $62,500 median sale price for the same period of the previous year. There were 46 homes sold in Marion County in August 2023.

For context, the median sales tax in Marion County, based on the latest available data from 2021, was $1,004, which stands at 1.4% of August's median home sale price.

The following histogram displays changes in median sales prices in Marion County from August 2023 to August 2024.

August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024$62,500$62,500$90,000$90,000$45,000$45,000$103,000$103,000$65,000$65,000$83,250$83,250$50,000$50,000$60,000$60,000$82,450$82,450$60,000$60,000$72,200$72,200$80,000$80,000$70,000$70,000

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