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South Central Reporter

Sunday, November 24, 2024

Virden (Macoupin County) home prices fall in the first quarter of 2019

Re 1

The median sale price of a home sold in the first quarter of 2019 in Virden in Macoupin County fell by $4,000 while total sales decreased by 20%, according to BlockShopper.com.

From January through March of 2019, there were eight homes sold, with a median sale price of $53,500 - a 7% decrease over the $57,500 median sale price for the same period of the previous year. There were 10 homes sold in Virden in the first quarter of 2018.

The median sales tax in Virden for the most recent year with available data, 2017, was $1,164, approximately 2.2% of the median home sale price for the first quarter of 2019.

The following table compares Virden to other Macoupin County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Sawyerville14-75%$88,000$19,000363.2%
Mount Olive59-44.4%$75,500$42,00079.8%
White City31200%$75,500$37,000104.1%
Brighton49-55.6%$70,500$75,000-6%
Staunton1721-19%$63,500$65,000-2.3%
Virden810-20%$53,500$57,500-7%
Bunker Hill7616.7%$50,000$82,500-39.4%
Gillespie810-20%$35,750$19,50083.3%
Shipman330%$28,000$90,000-68.9%
Benld4333.3%$27,500$30,500-9.8%
Girard9650%$19,000$22,500-15.6%
* This story only considers sales data for the part of Virden that is in Macoupin County.

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