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South Central Reporter

Monday, November 25, 2024

Gillespie home prices fall in August 2019

Re 12

The median sale price of a home sold in August 2019 in Gillespie fell by $10,250 while total sales increased by 25%, according to BlockShopper.com.

In August 2019, there were five homes sold, with a median sale price of $36,000 - a 22.2% decrease over the $46,250 median sale price for the same period of the previous year. There were four homes sold in Gillespie in August 2018.

The median sales tax in Gillespie for the most recent year with available data, 2018, was $983, approximately 2.7% of the median home sale price for August 2019.

The following table compares Gillespie to other Macoupin County cities in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Brighton15-80%$240,000$77,000211.7%
Carlinville9728.6%$80,000$43,00086%
Mount Olive72250%$77,000$41,00087.8%
Staunton115120%$70,000$84,000-16.7%
Virden7475%$60,000$92,500-35.1%
White City10-$55,000$0-
Bunker Hill330%$45,000$30,00050%
Gillespie5425%$36,000$46,250-22.2%
Palmyra110%$36,000$130,000-72.3%
Benld10-$15,500$0-
Sawyerville10-$1,500$0-
Girard01-100%$0$65,500-100%
Medora01-100%$0$15,000-100%
Lake Ka-Ho01-100%$0$38,500-100%
East Gillespie00-$0$0-
Wilsonville00-$0$0-
Shipman00-$0$0-
Mount Clare00-$0$0-

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