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Q2: Home prices in Apple Valley increased

Realestate1

The median sale price of a home sold in the second quarter of 2022 in Apple Valley rose by $62,750 while total sales decreased by 20 percent, according to BlockShopper.com.

From April through June, there were 36 homes sold, with a median sale price of $238,750 - a 35.7 percent increase over the $176,000 median sale price for the same period of the previous year. There were 45 homes sold in Apple Valley in the second quarter of 2021.

The median sales tax in Apple Valley for the most recent year with available data, 2019, was $2,365, approximately one percent of the median home sale price for the second quarter of 2022.

The following table compares Apple Valley to other Knox County cities in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Apple Valley3645-20$238,750$176,00035.7
Gambier20-$236,500$0-
Centerburg105100$220,500$189,00016.7
Fredericktown1013-23.1$175,000$100,00075
Mount Vernon3867-43.3$145,000$145,0000
Danville63100$130,500$74,00076.4

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