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Saturday, November 23, 2024

Fredericktown median home prices rose by 18.4% in the fourth quarter of 2021

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The median sale price of a home sold in the fourth quarter of 2021 in Fredericktown rose by $25,750 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2021, there were eight homes sold, with a median sale price of $165,750 - a 18.4% increase over the $140,000 median sale price for the same period of the previous year. There were 12 homes sold in Fredericktown in the fourth quarter of 2020.

The median sales tax in Fredericktown for the most recent year with available data, 2019, was $1,384, approximately 0.8% of the median home sale price for the fourth quarter of 2021.

The following table compares Fredericktown to other Knox County cities in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley362733.3%$218,000$220,000-0.9%
Centerburg25-60%$212,500$165,00028.8%
Gambier3250%$206,000$200,2502.9%
Fredericktown812-33.3%$165,750$140,00018.4%
Mount Vernon4859-18.6%$156,450$116,50034.3%
Danville220%$110,750$70,052.5058.1%

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