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West Central Reporter

Friday, April 19, 2024

Meredosia home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Meredosia rose by $19,000 while total sales increased by 125%, according to BlockShopper.com.

From July through September of 2017, there were nine homes sold, with a median sale price of $48,000 - a 65.5% increase over the $29,000 median sale price for the same period of the previous year. There were four homes sold in Meredosia in the third quarter of 2016.

The median sales tax in Meredosia for the most recent year with available data, 2016, was $976.30, approximately 2% of the median home sale price for the third quarter of 2017.

The following table compares Meredosia to other Morgan County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Jacksonville72101-28.7%$94,500$89,5005.6%
South Jacksonville272412.5%$93,500$73,50027.2%
Murrayville13-66.7%$79,000$75,0005.3%
Woodson440%$67,500$57,50017.4%
Chapin14-75%$61,000$25,000144%
Meredosia94125%$48,000$29,00065.5%
Waverly8633.3%$31,475$43,000-26.8%
Franklin25-60%$26,500$116,000-77.2%
Concord10-$22,000$0-

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