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West Central Reporter

Monday, November 25, 2024

Waverly home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Waverly rose by $60,750 while total sales increased by 16.7%, according to BlockShopper.com.

From January through March of 2018, there were seven homes sold, with a median sale price of $102,000 - a 147.3% increase over the $41,250 median sale price for the same period of the previous year. There were six homes sold in Waverly in the first quarter of 2017.

The median sales tax in Waverly for the most recent year with available data, 2016, was $1,251.10, approximately 1.2% of the median home sale price for the first quarter of 2018.

The following table compares Waverly to other Morgan County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Chapin110%$150,000$15,000900%
Waverly7616.7%$102,000$41,250147.3%
South Jacksonville1619-15.8%$93,950$70,00034.2%
Murrayville51400%$75,000$89,000-15.7%
Jacksonville5055-9.1%$74,250$78,500-5.4%
Woodson15-80%$59,000$114,000-48.2%
Meredosia35-40%$56,000$18,000211.1%
Franklin50-$45,000$0-
Concord00-$0$0-

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