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South Central Reporter

Tuesday, November 26, 2024

Virden (Macoupin County) home prices rise in the second quarter of 2017

Realestate4

The median sale price of a home sold in the second quarter of 2017 in Virden in Macoupin County rose by $1,500 while total sales decreased by 34.8%, according to BlockShopper.com.

From April through June of 2017, there were 15 homes sold, with a median sale price of $84,000 - a 1.8% increase over the $82,500 median sale price for the same period of the previous year. There were 23 homes sold in Virden in the second quarter of 2016.

The median sales tax in Virden for 2017 was $1,163.76. In 2016, the median sales tax was $1,225.90. This marks an decrease of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

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

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
East Gillespie21100%$118,500$167,640-29.3%
Brighton1419-26.3%$95,000$65,00046.2%
Virden1523-34.8%$84,000$82,5001.8%
Wilsonville13-66.7%$81,000$15,000440%
Girard812-33.3%$80,500$23,000250%
White City110%$77,000$55,00040%
Mount Clare30-$70,000$0-
Bunker Hill660%$66,250$75,000-11.7%
Medora110%$66,000$105,000-37.1%
Gillespie201533.3%$62,500$50,00025%
Mount Olive1319-31.6%$60,000$52,00015.4%
* This story only considers sales data for the part of Virden that is in Macoupin County.

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