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South Central Reporter

Tuesday, November 26, 2024

Lake Ka-Ho home prices fall in the first half of 2019

Re 6

The median sale price of a home sold in the first half of 2019 in Lake Ka-Ho fell by $26,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2019, there were two homes sold, with a median sale price of $33,000 - a 44.8% decrease over the $59,750 median sale price for the same period of the previous year. There were two homes sold in Lake Ka-Ho in the first half of 2018, as well.

The median sales tax in Lake Ka-Ho for the most recent year with available data, 2018, was $313, approximately 0.9% of the median home sale price for the first half of 2019.

The following table compares Lake Ka-Ho to other Macoupin County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Virden24229.1%$56,000$71,500-21.7%
White City42100%$52,750$41,00028.7%
Gillespie2126-19.2%$52,500$35,25048.9%
East Gillespie12-50%$52,000$109,000-52.3%
Mount Olive191346.2%$52,000$60,000-13.3%
Benld12119.1%$35,000$30,50014.8%
Lake Ka-Ho220%$33,000$59,750-44.8%
Girard12119.1%$27,250$25,0009%
Wilsonville47-42.9%$27,000$17,00058.8%
Shipman6520%$25,000$90,000-72.2%
Palmyra660%$15,250$14,5005.2%

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