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South Central Reporter

Saturday, November 23, 2024

Gillespie home prices fall in March 2018

Re 6

The median sale price of a home sold in March 2018 in Gillespie fell by $18,500 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In March 2018, there were six homes sold, with a median sale price of $18,000 - a 50.7% decrease over the $36,500 median sale price for the same period of the previous year. There were six homes sold in Gillespie in March 2017, as well.

The median sales tax in Gillespie for the most recent year with available data, 2017, was $969, approximately 5.4% of the median home sale price for March 2018.

The following table compares Gillespie to other Macoupin County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Staunton7475%$110,000$145,250-24.3%
Shipman21100%$105,000$12,000775%
Virden314-78.6%$73,000$52,37539.4%
Mount Olive56-16.7%$60,000$15,750281%
Carlinville912-25%$39,000$50,000-22%
White City110%$37,000$8,000362.5%
Wilsonville21100%$35,000$47,000-25.5%
Benld25-60%$30,250$22,90032.1%
Girard31200%$20,000$20,0000%
Gillespie660%$18,000$36,500-50.7%
Brighton12-50%$9,000$54,500-83.5%

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