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Wednesday, September 10, 2025

Centerburg home prices fall in the first quarter of 2020

Webp realestate077

The median sale price of a home sold in the first quarter of 2020 in Centerburg fell by $49,375 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through March of 2020, there were five homes sold, with a median sale price of $130,000 - a 27.5% decrease over the $179,375 median sale price for the same period of the previous year. There were six homes sold in Centerburg in the first quarter of 2019.

The median sales tax in Centerburg for the most recent year with available data, 2019, was $1,672, approximately 1.3% of the median home sale price for the first quarter of 2020.

The following table compares Centerburg to other Knox County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Apple Valley2325-8%$192,000$140,00037.1%
Gambier20-$148,500$0-
Centerburg56-16.7%$130,000$179,375-27.5%
Mount Vernon463243.8%$110,000$97,50012.8%
Fredericktown910-10%$99,990$113,000-11.5%
Danville04-100%$0$69,450-100%

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