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Saturday, November 23, 2024

The fourth quarter of 2021: Home prices in Apple Valley fell

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The median sale price of a home sold in the fourth quarter of 2021 in Apple Valley fell by $2,000 while total sales increased by 33.3%, according to BlockShopper.com.

From October through December of 2021, there were 36 homes sold, with a median sale price of $218,000 - a 0.9% decrease over the $220,000 median sale price for the same period of the previous year. There were 27 homes sold in Apple Valley in the fourth quarter of 2020.

The median sales tax in Apple Valley for the most recent year with available data, 2019, was $2,365, approximately 1.1% of the median home sale price for the fourth quarter of 2021.

The following table compares Apple Valley 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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