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South Central Reporter

Sunday, November 24, 2024

Gillespie home prices rise 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 Gillespie rose by $16,250 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 $35,750 - a 83.3% increase over the $19,500 median sale price for the same period of the previous year. There were 10 homes sold in Gillespie in the first quarter of 2018.

The median sales tax in Gillespie for the most recent year with available data, 2017, was $969, approximately 2.7% of the median home sale price for the first quarter of 2019.

The following table compares Gillespie 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)
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%
Palmyra330%$5,000$20,500-75.6%

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