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South Central Reporter

Friday, November 8, 2024

Benld home prices rise in the first half of 2017

Realestate2

The median sale price of a home sold in the first half of 2017 in Benld rose by $6,000 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2017, there were 14 homes sold, with a median sale price of $34,000 - a 21.4% increase over the $28,000 median sale price for the same period of the previous year. There were seven homes sold in Benld in the first half of 2016.

The median sales tax in Benld for 2017 was $687. In 2016, the median sales tax was $689. This marks an decrease of 0.3%. 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 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)
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%
White City21100%$42,500$55,000-22.7%
Palmyra48-50%$42,500$40,5004.9%
Wilsonville67-14.3%$40,000$6,000566.7%
Benld147100%$34,000$28,00021.4%
Lake Ka-Ho21100%$24,250$73,000-66.8%
Sawyerville62200%$18,950$44,000-56.9%
Shipman57-28.6%$15,000$60,000-75%

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