From January through March of 2018, there were 29 homes sold, with a median sale price of $135,000 - a 6.2% decrease over the $143,950 median sale price for the same period of the previous year. There were 40 homes sold in Apple Valley in the first quarter of 2017.
The median sales tax in Apple Valley for 2018 was $2,210. In 2017, the median sales tax was $2,155. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Apple Valley to other Knox County cities in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Centerburg | 7 | 4 | 75% | $200,000 | $86,885 | 130.2% |
| Apple Valley | 29 | 40 | -27.5% | $135,000 | $143,950 | -6.2% |
| Fredericktown | 9 | 8 | 12.5% | $110,000 | $45,000 | 144.4% |
| Danville | 2 | 4 | -50% | $87,000 | $57,500 | 51.3% |
| Mount Vernon | 45 | 40 | 12.5% | $85,000 | $91,500 | -7.1% |
| Gambier | 0 | 4 | -100% | $0 | $167,500 | -100% |
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