Real Estate Market

The Apple Valley real estate community experienced an unusually low inventory of available homes for sale especially at Apple Valley.  There were 98 homes in Apple Valley that sold in 2022 through the Knox County MLS.  The reality is that the buyer demand was so strong we could have easily SOLD 50% more homes because there were more buyers wanting to buy than available homes for us to sell.  The median Apple Valley home sales price increased by roughly 12% in 2022 compared to 2021 and 2021 was higher than 2020.  Home values have steadily increased over the last 3 years.

Here is a detailed summary of how many homes sold in Apple Valley in each price range during 2022

• 98 homes sold in Apple Valley in 2022
• 9 homes sold between $100,000 - $150,000
• 15 homes sold between $150,001 - $200,000
• 16 homes sold between $200,001 - $250,000
• 26 homes sold between $250,001 - $300,000
• 13 homes sold between $300,001 - $350,000
• 6 homes sold between $350,001 - $400,000
• 3 homes sold between $400,001 - $500,000
• 4 homes sold between $500,001 - $750,000
• 5 homes sold between $750,001 - $1,000,000
• 1 home sold over $1,000,000

We're now in 2023 and the Apple Valley housing market is surprisingly active for this time of year.  There are only 5 homes in all of Apple Valley that are available to purchase according to the Knox County MLS.  The available homes range in price from a low of $299,900 and a high of $1,048,340.  Due to the lower supply of available homes for sale the buyer demand for homes is actually higher than normal especially for January.

If you have any questions about real estate or are just curious about what your home could sell for in the current market, give us a call at 740-397-7800 or feel free to email us as samsells@sammiller.com - We are happy to help.

*All statistical data was researched from the Knox County Multiple Listing Service and all sales data used was from January 1st, 2022 through 12-31-2022.  This report was created on 1-5-2023.

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Lots in Apple Valley experienced the biggest value increase I have ever seen during my 36 years selling real estate here.  There are lots of factors that created stronger than normal demand for Apple Valley lots.  The biggest boost in lot activity was likely due to a rule change relating to how many watercraft you can have and that rule was changing in 2023 which created a lot of purchase frenzy before the end of the year in 2022.  The trick was to be able to buy, close and completed the lot transfer because lot purchased in 2022 still allowed for 2 watercraft and lots under the new rule in 2023 or beyond would be limited to just one watercraft.  

Here is a breakdown of the Apple Valley lot sale in 2022

• 105 Apple Valley lots sold in 2022
• 18 lots sold for $10,000 and below
• 24 lots sold between $10,001 - $12,500
• 29 lots sold between $12,501 - $15,000
• 16 lots sold between $15,001 - $20,000
• 6 lots sold between $20,001 - $25,000
• 4 lots sold between $25,001 - $30,000
• 5 lots sold between $30,001 - $40,000
• 2 lots sold between $40,001 - $75,000
• 1 lot sold above $75,000

Do you own a lot at Apple Valley the you are no longer using?  We can help you turn that vacant lot into cash.

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This is a hot topic right now and this may have happened to you or someone you know without even knowing it happened.  Have you all of a sudden started receiving emails about products or services that you didn't request?  This is becoming super common and it can be very frustrating.  A "Spoofed Email" is typically when someone creates an email message or they register on a website with a forged sender email address.

A few of you receiving this newsletter may not have actually registered requesting to receive info relating to Apple Valley or Apple Valley real estate.  If you did not register on our AppleValleyOhio.com website and you are not interested in receiving info relating to Apple Valley, you can reply to this email and put "REMOVE" in the email subject line.  We can make a simple change on our end and you will no longer receive Apple Valley related emails.

Thanks for checking out our e-newsletter and if there is anything we can do to help just let us know!

Sam Miller of REMAX Stars Realty 740-397-7800 AppleValleyOhio.com

*Not intended to solicit currently listed properties.