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South Central Reporter

Sunday, October 5, 2025

Gillespie home prices rise in the second half of 2018

Realestate3

The median sale price of a home sold in the second half of 2018 in Gillespie rose by $17,500 while total sales decreased by 34.5%, according to BlockShopper.com.

From July through December of 2018, there were 19 homes sold, with a median sale price of $45,000 - a 63.6% increase over the $27,500 median sale price for the same period of the previous year. There were 29 homes sold in Gillespie in the second half of 2017.

The median sales tax in Gillespie for the most recent year with available data, 2017, was $969, approximately 2.2% of the median home sale price for the second half of 2018.

The following table compares Gillespie to other Macoupin County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Mount Olive1013-23.1%$65,000$60,5007.4%
Carlinville2749-44.9%$62,000$55,00012.7%
Virden2128-25%$57,000$59,500-4.2%
Girard1214-14.3%$50,250$67,000-25%
Benld413-69.2%$48,750$50,000-2.5%
Gillespie1929-34.5%$45,000$27,50063.6%
Lake Ka-Ho220%$44,250$48,750-9.2%
Palmyra5366.7%$40,000$35,50012.7%
Bunker Hill715-53.3%$33,000$55,000-40%
Medora3250%$15,000$45,000-66.7%
Wilsonville23-33.3%$15,000$13,00015.4%

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