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South Central Reporter

Tuesday, November 12, 2024

Bunker Hill home prices fall in the second quarter of 2017

Realestate2

The median sale price of a home sold in the second quarter of 2017 in Bunker Hill fell by $8,750 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

From April through June of 2017, there were six homes sold, with a median sale price of $66,250 - a 11.7% decrease over the $75,000 median sale price for the same period of the previous year. There were six homes sold in Bunker Hill in the second quarter of 2016, as well.

The median sales tax in Bunker Hill for 2017 was $1,545.78. In 2016, the median sales tax was $1,509.30. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Bunker Hill 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)
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%
Carlinville2831-9.7%$57,500$51,51011.6%
Staunton272317.4%$52,500$73,000-28.1%

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