From January through March of 2019, there were three homes sold, with a median sale price of $5,000 - a 75.6% decrease over the $20,500 median sale price for the same period of the previous year. There were three homes sold in Palmyra in the first quarter of 2018, as well.
The median sales tax in Palmyra for the most recent year with available data, 2017, was $583, approximately 11.7% of the median home sale price for the first quarter of 2019.
The following table compares Palmyra to other Macoupin County cities with similar median sales prices in the first quarter of 2019:
City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
White City | 3 | 1 | 200% | $75,500 | $37,000 | 104.1% |
Brighton | 4 | 9 | -55.6% | $70,500 | $75,000 | -6% |
Staunton | 17 | 21 | -19% | $63,500 | $65,000 | -2.3% |
Virden | 8 | 10 | -20% | $53,500 | $57,500 | -7% |
Bunker Hill | 7 | 6 | 16.7% | $50,000 | $82,500 | -39.4% |
Gillespie | 8 | 10 | -20% | $35,750 | $19,500 | 83.3% |
Shipman | 3 | 3 | 0% | $28,000 | $90,000 | -68.9% |
Benld | 4 | 3 | 33.3% | $27,500 | $30,500 | -9.8% |
Girard | 9 | 6 | 50% | $19,000 | $22,500 | -15.6% |
Wilsonville | 1 | 3 | -66.7% | $7,000 | $25,000 | -72% |
Palmyra | 3 | 3 | 0% | $5,000 | $20,500 | -75.6% |