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South Central Reporter

Monday, December 23, 2024

Virden (Macoupin County) home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Virden in Macoupin County fell by $8,425 while total sales increased by 75%, according to BlockShopper.com.

In March 2017, there were 14 homes sold, with a median sale price of $52,375 - a 13.9% decrease over the $60,800 median sale price for the same period of the previous year. There were eight homes sold in Virden in March 2016.

The median sales tax in Virden for 2017 was $1,164. In 2016, the median sales tax was $1,226. 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 2.2%.

The following table compares Virden to other Macoupin County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Staunton48-50%$145,250$66,250119.2%
Brighton220%$54,500$113,500-52%
Virden14875%$52,375$60,800-13.9%
Carlinville12850%$50,000$67,500-25.9%
Wilsonville12-50%$47,000$5,690726%
East Gillespie30-$41,000$0-
Gillespie62200%$36,500$64,750-43.6%
Lake Ka-Ho10-$30,000$0-
Benld50-$22,900$0-
Girard13-66.7%$20,000$25,000-20%
Mount Olive6450%$15,750$13,00021.2%
* This story only considers sales data for the part of Virden that is in Macoupin County.

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