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How did home prices perform in Fredericktown during Q2?

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The median sale price of a home sold in the second quarter of 2022 in Fredericktown rose by $75,000 while total sales decreased by 23.1 percent, according to BlockShopper.com.

From April through June, there were 10 homes sold, with a median sale price of $175,000 - a 75 percent increase over the $100,000 median sale price for the same period of the previous year. There were 13 homes sold in Fredericktown in the second quarter of 2021.

The median sales tax in Fredericktown for the most recent year with available data, 2019, was $1,384, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Fredericktown 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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