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South Central Reporter

Friday, November 22, 2024

Mount Olive home prices rise in February 2018

Realestate3

The median sale price of a home sold in February 2018 in Mount Olive rose by $7,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In February 2018, there were three homes sold, with a median sale price of $35,000 - a 25% increase over the $28,000 median sale price for the same period of the previous year. There were three homes sold in Mount Olive in February 2017, as well.

The median sales tax in Mount Olive for the most recent year with available data, 2017, was $1,114, approximately 3.2% of the median home sale price for February 2018.

The following table compares Mount Olive to other Macoupin County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Brighton41300%$80,000$60,00033.3%
Virden46-33.3%$50,500$47,2506.9%
Staunton9728.6%$50,000$67,000-25.4%
Mount Olive330%$35,000$28,00025%
Bunker Hill14-75%$26,000$78,750-67%
Girard31200%$25,000$12,86794.3%
Carlinville57-28.6%$21,000$47,000-55.3%
Palmyra10-$20,500$0-
Gillespie25-60%$20,000$30,000-33.3%
Sawyerville3250%$20,000$10,95082.6%
Mount Clare10-$3,000$0-
Medora01-100%$0$25,000-100%
White City00-$0$0-
Benld03-100%$0$34,500-100%
Lake Ka-Ho00-$0$0-
East Gillespie01-100%$0$185,000-100%
Wilsonville02-100%$0$42,000-100%
Shipman01-100%$0$15,000-100%

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