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South Central Reporter

Friday, November 22, 2024

Benld home prices rise in the first quarter of 2017

Re 12

The median sale price of a home sold in the first quarter of 2017 in Benld rose by $10,000 while total sales increased by 350%, according to BlockShopper.com.

From January through March of 2017, there were nine homes sold, with a median sale price of $33,500 - a 42.6% increase over the $23,500 median sale price for the same period of the previous year. There were two homes sold in Benld in the first quarter of 2016.

The median sales tax in Benld for 2017 was $686.60. In 2016, the median sales tax was $689. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Benld to other Macoupin County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Palmyra25-60%$50,000$50,0000%
Girard813-38.5%$44,500$34,00030.9%
Medora40-$38,250$0-
Gillespie15966.7%$36,940$30,00023.1%
Mount Olive161233.3%$36,500$18,804.5094.1%
Benld92350%$33,500$23,50042.6%
Wilsonville5425%$33,000$5,690480%
Lake Ka-Ho10-$30,000$0-
Sawyerville31200%$18,900$48,000-60.6%
Shipman35-40%$15,000$60,000-75%
White City10-$8,000$0-

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