Iuka home prices fell in April

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The median sale price of a home sold in April in Iuka fell by $204,500 while total sales increased by 33.3 percent, according to BlockShopper.com.

In April, there were four homes sold, with a median sale price of $65,500 - a 75.7 percent decrease from the $270,000 median sale price for the same period of the previous year. There were three homes sold in Iuka in April 2021.

The median sales tax in Iuka for the most recent year with available data, 2018, was $1,104, approximately 1.7 percent of the median home sale price for April.

The following table compares Iuka to other Marion 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)
Salem510-50$119,000$141,500-15.9
Centralia311963.2$95,000$75,00026.7
Odin3250$70,000$11,000536.4
Iuka4333.3$65,500$270,000-75.7
Central City220$33,000$28,00017.9
Sandoval12-50$15,000$12,50020
Walnut Hill110$11,000$229,500-95.2
Patoka12-50$8,500$50,000-83
Wamac10-$7,000$0-
Junction City00-$0$0-
Kell02-100$0$41,750-100
Vernon00-$0$0-
Kinmundy01-100$0$76,000-100
Alma00-$0$0-

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