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Saturday, November 23, 2024

How did home prices perform in Centerburg during the second half of 2021?

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The median sale price of a home sold in the second half of 2021 in Centerburg rose by $45,000 while total sales decreased by 18.2%, according to BlockShopper.com.

From July through December of 2021, there were nine homes sold, with a median sale price of $210,000 - a 27.3% increase over the $165,000 median sale price for the same period of the previous year. There were 11 homes sold in Centerburg in the second half of 2020.

The median sales tax in Centerburg for the most recent year with available data, 2019, was $1,672, approximately 0.8% of the median home sale price for the second half of 2021.

The following table compares Centerburg to other Knox County cities in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley936836.8%$230,000$222,5003.4%
Gambier93200%$210,000$275,500-23.8%
Centerburg911-18.2%$210,000$165,00027.3%
Mount Vernon116133-12.8%$152,005$128,40018.4%
Fredericktown1824-25%$146,000$118,00023.7%
Danville8714.3%$110,750$75,00047.7%

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