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South Central Reporter

Friday, November 22, 2024

Virden (Macoupin County) home prices fall in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Virden in Macoupin County fell by $8,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2017, there were 12 homes sold, with a median sale price of $60,500 - a 11.7% decrease over the $68,500 median sale price for the same period of the previous year. There were 18 homes sold in Virden in the third 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 1.9%.

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

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Brighton1519-21.1%$104,500$79,90030.8%
Lake Ka-Ho12-50%$82,500$50,75062.6%
Girard9728.6%$72,500$72,0000.7%
Medora110%$70,000$60,00016.7%
Mount Olive616-62.5%$67,500$36,25086.2%
Virden1218-33.3%$60,500$68,500-11.7%
Carlinville3036-16.7%$60,000$61,000-1.6%
Bunker Hill511-54.5%$55,000$87,300-37%
Sawyerville12-50%$51,500$58,000-11.2%
Gillespie151136.4%$51,000$69,900-27%
Benld770%$46,200$34,00035.9%
* This story only considers sales data for the part of Virden that is in Macoupin County.

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