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South Central Reporter

Tuesday, November 26, 2024

Shipman home prices fall in the second quarter of 2019

Realestate1

The median sale price of a home sold in the second quarter of 2019 in Shipman fell by $32,250 while total sales increased by 50%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $25,000 - a 56.3% decrease over the $57,250 median sale price for the same period of the previous year. There were two homes sold in Shipman in the second quarter of 2018.

The median sales tax in Shipman for the most recent year with available data, 2018, was $1,105, approximately 4.4% of the median home sale price for the second quarter of 2019.

The following table compares Shipman to other Macoupin County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Virden161233.3%$62,750$88,250-28.9%
Gillespie1316-18.8%$55,000$47,00017%
Mount Clare31200%$52,000$140,000-62.9%
East Gillespie12-50%$52,000$109,000-52.3%
Mount Olive144250%$49,000$65,750-25.5%
Wilsonville34-25%$47,000$13,500248.1%
Girard35-40%$40,000$47,000-14.9%
Benld880%$36,000$29,50022%
Lake Ka-Ho21100%$33,000$118,000-72%
White City110%$27,000$45,000-40%
Shipman3250%$25,000$57,250-56.3%

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