From January through December of 2017, there were 11 homes sold, with a median sale price of $85,000 - a 20.6% decrease over the $107,000 median sale price for the previous year. There were seven homes sold in Hennepin in 2016.
The median sales tax in Hennepin for 2017 was $2,086. In 2016, the median sales tax was $1,946. This marks an increase of 7.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Hennepin to other Putnam County cities in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hennepin | 11 | 7 | 57.1% | $85,000 | $107,000 | -20.6% |
| McNabb | 4 | 5 | -20% | $82,000 | $80,000 | 2.5% |
| Mark | 9 | 6 | 50% | $79,900 | $45,750 | 74.6% |
| Granville | 8 | 9 | -11.1% | $77,250 | $116,500 | -33.7% |
| Magnolia | 1 | 0 | - | $65,000 | $0 | - |
| Standard | 1 | 2 | -50% | $51,500 | $75,000 | -31.3% |
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