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South Central Reporter

Tuesday, November 12, 2024

Benld home prices rise 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 Benld rose by $12,200 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From July through September of 2017, there were seven homes sold, with a median sale price of $46,200 - a 35.9% increase over the $34,000 median sale price for the same period of the previous year. There were seven homes sold in Benld in the third 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 1.5%.

The following table compares Benld 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)
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%
Shipman18-87.5%$38,000$59,000-35.6%
East Gillespie12-50%$30,000$34,500-13%
Wilsonville220%$17,000$18,000-5.6%

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