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Saturday, April 20, 2024

Meredosia home prices rise in the first quarter of 2018

Realestate077

The median sale price of a home sold in the first quarter of 2018 in Meredosia rose by $38,000 while total sales decreased by 40%, according to BlockShopper.com.

From January through March of 2018, there were three homes sold, with a median sale price of $56,000 - a 211.1% increase over the $18,000 median sale price for the same period of the previous year. There were five homes sold in Meredosia in the first quarter of 2017.

The median sales tax in Meredosia for the most recent year with available data, 2016, was $976.30, approximately 1.7% of the median home sale price for the first quarter of 2018.

The following table compares Meredosia 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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