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Sunday, September 22, 2024

Apple Valley home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Apple Valley rose by $60,000 while total sales decreased by 26.3 percent, according to BlockShopper.com.

From January through June, there were 56 homes sold, with a median sale price of $235,000 - a 34.3 percent increase over the $175,000 median sale price for the same period of the previous year. There were 76 homes sold in Apple Valley in the first half 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 first half of 2022.

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

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Centerburg13944.4$235,000$140,00067.9
Apple Valley5676-26.3$235,000$175,00034.3
Gambier41300$201,500$165,00022.1
Fredericktown1925-24$164,000$115,00042.6
Mount Vernon83110-24.5$150,000$136,25010.1
Danville6520$130,500$92,50041.1

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