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Sunday, November 24, 2024

Bunker Hill home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Bunker Hill fell by $32,500 while total sales increased by 16.7%, according to BlockShopper.com.

From January through March of 2019, there were seven homes sold, with a median sale price of $50,000 - a 39.4% decrease over the $82,500 median sale price for the same period of the previous year. There were six homes sold in Bunker Hill in the first quarter of 2018.

The median sales tax in Bunker Hill for the most recent year with available data, 2017, was $1,546, approximately 3.1% of the median home sale price for the first quarter of 2019.

The following table compares Bunker Hill 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)
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%
Wilsonville13-66.7%$7,000$25,000-72%

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