Junction City home prices rise in the third quarter of 2020

Medium realestate4

The median sale price of a home sold in the third quarter of 2020 in Junction City rose by $500 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $8,500 - a 6.3% increase over the $8,000 median sale price for the same period of the previous year. There were three homes sold in Junction City in the third quarter of 2019.

The median sales tax in Junction City for the most recent year with available data, 2018, was $228, approximately 2.7% of the median home sale price for the third quarter of 2020.

The following table compares Junction City to other Marion County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Salem563560%$95,500$78,00022.4%
Sandoval6520%$76,000$20,000280%
Centralia756025%$75,000$41,50080.7%
Vernon12-50%$70,000$63,7509.8%
Patoka21100%$63,750$60,0006.3%
Central City40-$36,750$0-
Alma24-50%$35,500$26,30035%
Kinmundy26-66.7%$21,500$10,000115%
Wamac20-$20,500$0-
Odin56-16.7%$18,000$64,950-72.3%
Junction City23-33.3%$8,500$8,0006.3%

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