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Friday, June 20, 2025

Bunker Hill home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Bunker Hill fell by $67,750 while total sales decreased by 25%, according to BlockShopper.com.

In October 2017, there were three homes sold, with a median sale price of $30,000 - a 69.3% decrease over the $97,750 median sale price for the same period of the previous year. There were four homes sold in Bunker Hill in October 2016.

The median sales tax in Bunker Hill for 2017 was $1,546. In 2016, the median sales tax was $1,509. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.2%.

The following table compares Bunker Hill to other Macoupin County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Brighton36-50%$91,000$69,56530.8%
Carlinville58-37.5%$81,500$82,500-1.2%
Benld330%$55,000$47,00017%
Virden63100%$54,500$69,500-21.6%
White City10-$50,000$0-
Palmyra21100%$43,750$114,000-61.6%
Mount Olive26-66.7%$40,000$25,00060%
Mount Clare10-$31,500$0-
Bunker Hill34-25%$30,000$97,750-69.3%
Gillespie7540%$23,000$60,000-61.7%
Wilsonville15-80%$13,000$52,000-75%

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