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Saturday, November 23, 2024

Shipman home prices rise in the first quarter of 2018

Realestate077

The median sale price of a home sold in the first quarter of 2018 in Shipman rose by $75,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through March of 2018, there were three homes sold, with a median sale price of $90,000 - a 500% increase over the $15,000 median sale price for the same period of the previous year. There were three homes sold in Shipman in the first quarter of 2017, as well.

The median sales tax in Shipman for the most recent year with available data, 2017, was $1,197.40, approximately 1.3% of the median home sale price for the first quarter of 2018.

The following table compares Shipman to other Macoupin County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Shipman330%$90,000$15,000500%
Bunker Hill660%$82,500$69,75018.3%
Brighton94125%$75,000$59,50026.1%
Carlinville1824-25%$66,750$56,25018.7%
Staunton2122-4.5%$65,000$68,000-4.4%
Virden1027-63%$57,500$50,00015%
Mount Clare20-$54,000$0-
Mount Olive916-43.8%$42,000$36,50015.1%
White City110%$37,000$8,000362.5%
Benld39-66.7%$30,500$33,500-9%
Wilsonville35-40%$25,000$33,000-24.2%

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