April: Home prices in Fredericktown increased

Medium realestate5

The median sale price of a home sold in April in Fredericktown rose by $97,950 while total sales decreased by 55.6 percent, according to BlockShopper.com.

In April, there were four homes sold, with a median sale price of $181,450 - a 117.3 percent increase over the $83,500 median sale price for the same period of the previous year. There were nine homes sold in Fredericktown in April 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 April.

The following table compares Fredericktown to other Knox County cities in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Apple Valley1120-45$230,000$152,00051.3
Mount Vernon825-68$170,000$125,00036

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