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South Central Reporter

Friday, November 8, 2024

Benld home prices rise in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Benld rose by $7,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From April through June of 2017, there were five homes sold, with a median sale price of $35,000 - a 25% increase over the $28,000 median sale price for the same period of the previous year. There were five homes sold in Benld in the second quarter of 2016, as well.

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 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)
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%
Palmyra23-33.3%$35,000$5,000600%
Benld550%$35,000$28,00025%
Shipman220%$20,250$62,787-67.7%
Sawyerville31200%$19,000$40,000-52.5%
Lake Ka-Ho110%$18,500$73,000-74.7%

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