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South Central Reporter

Tuesday, November 26, 2024

Staunton home prices fall in the first half of 2017

Realestate2

The median sale price of a home sold in the first half of 2017 in Staunton fell by $13,000 while total sales increased by 19.5%, according to BlockShopper.com.

From January through June of 2017, there were 49 homes sold, with a median sale price of $60,000 - a 17.8% decrease over the $73,000 median sale price for the same period of the previous year. There were 41 homes sold in Staunton in the first half of 2016.

The median sales tax in Staunton for 2017 was $1,231. In 2016, the median sales tax was $1,297. 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 2.1%.

The following table compares Staunton to other Macoupin County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Brighton1826-30.8%$86,500$70,00023.6%
East Gillespie7475%$72,000$90,000-20%
Mount Clare31200%$70,000$36,666.4990.9%
Bunker Hill12119.1%$69,750$73,000-4.5%
Staunton494119.5%$60,000$73,000-17.8%
Gillespie352445.8%$60,000$47,75025.7%
Carlinville52520%$57,250$53,2557.5%
Virden42412.4%$56,750$71,000-20.1%
Girard1625-36%$55,375$25,000121.5%
Mount Olive2931-6.5%$50,000$38,00031.6%
Medora51400%$46,500$105,000-55.7%

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