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South Central Reporter

Friday, November 22, 2024

Gillespie home prices fall in November 2017

Realestate4

The median sale price of a home sold in November 2017 in Gillespie fell by $17,750 while total sales decreased by 16.7%, according to BlockShopper.com.

In November 2017, there were five homes sold, with a median sale price of $27,000 - a 39.7% decrease over the $44,750 median sale price for the same period of the previous year. There were six homes sold in Gillespie in November 2016.

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 3.6%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Shipman12-50%$56,000$34,75061.2%
Staunton911-18.2%$55,000$77,700-29.2%
Virden61500%$50,750$62,500-18.8%
Bunker Hill41300%$42,000$77,300-45.7%
Benld23-33.3%$36,500$40,500-9.9%
Gillespie56-16.7%$27,000$44,750-39.7%
Carlinville812-33.3%$22,556.40$65,250-65.4%
Girard23-33.3%$22,500$75,000-70%
Medora12-50%$20,000$25,000-20%
Lake Ka-Ho12-50%$15,000$50,560-70.3%
Sawyerville10-$9,500$0-

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