From January through December of 2017, there were 70 homes sold, with a median sale price of $58,000 - a 16.5% decrease over the $69,500 median sale price for the previous year. There were 69 homes sold in Virden in 2016.
The median sales tax in Virden for 2017 was $1,164. In 2016, the median sales tax was $1,226. This marks an decrease of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Virden to other Macoupin County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Brighton | 39 | 65 | -40% | $87,500 | $74,000 | 18.2% |
Staunton | 97 | 88 | 10.2% | $70,000 | $78,950 | -11.3% |
East Gillespie | 8 | 10 | -20% | $66,500 | $65,500 | 1.5% |
Girard | 30 | 47 | -36.2% | $62,875 | $36,600 | 71.8% |
Mount Clare | 7 | 3 | 133.3% | $58,000 | $36,666.49 | 58.2% |
Virden | 70 | 69 | 1.4% | $58,000 | $69,500 | -16.5% |
Carlinville | 101 | 120 | -15.8% | $57,000 | $61,000 | -6.6% |
Bunker Hill | 27 | 29 | -6.9% | $57,000 | $73,500 | -22.4% |
Mount Olive | 42 | 61 | -31.1% | $54,750 | $36,500 | 50% |
White City | 4 | 3 | 33.3% | $50,000 | $55,000 | -9.1% |
Medora | 7 | 5 | 40% | $46,500 | $60,000 | -22.5% |