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South Central Reporter

Wednesday, December 25, 2024

Gillespie home prices fall in May 2017

Realestate3

The median sale price of a home sold in May 2017 in Gillespie fell by $16,000 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In May 2017, there were six homes sold, with a median sale price of $20,500 - a 43.8% decrease over the $36,500 median sale price for the same period of the previous year. There were six homes sold in Gillespie in May 2016, as well.

The median sales tax in Gillespie for 2017 was $969. In 2016, the median sales tax was $968. This marks an increase of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.7%.

The following table compares Gillespie to other Macoupin County cities in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
East Gillespie21100%$118,500$167,640-29.3%
Virden10911.1%$85,250$82,5003.3%
Girard25-60%$83,500$22,000279.5%
Brighton550%$83,000$62,50032.8%
Mount Olive42100%$80,250$30,650161.8%
Carlinville78-12.5%$68,500$60,00014.2%
Medora110%$66,000$105,000-37.1%
Staunton1011-9.1%$49,000$56,500-13.3%
Benld23-33.3%$28,500$14,50096.6%
Gillespie660%$20,500$36,500-43.8%
Palmyra13-66.7%$9,000$5,00080%
Sawyerville00-$0$0-
White City01-100%$0$55,000-100%
Lake Ka-Ho01-100%$0$73,000-100%
Wilsonville02-100%$0$19,000-100%
Shipman00-$0$0-
Bunker Hill00-$0$0-
Mount Clare00-$0$0-

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