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West Central Reporter

Thursday, April 18, 2024

Murrayville home prices rise in the first half of 2017

Re 9

The median sale price of a home sold in the first half of 2017 in Murrayville rose by $6,750 while total sales decreased by 25%, according to BlockShopper.com.

From January through June of 2017, there were three homes sold, with a median sale price of $52,500 - a 14.8% increase over the $45,750 median sale price for the same period of the previous year. There were four homes sold in Murrayville in the first half of 2016.

The median sales tax in Murrayville for the most recent year with available data, 2016, was $1,209, approximately 2.3% of the median home sale price for the first half of 2017.

The following table compares Murrayville to other Morgan County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Woodson511-54.5%$114,000$61,01086.9%
Jacksonville1641509.3%$79,700$80,625-1.1%
Concord3250%$75,000$36,550105.2%
South Jacksonville473246.9%$70,000$91,500-23.5%
Murrayville34-25%$52,500$45,75014.8%
Chapin67-14.3%$51,000$30,00070%
Waverly161145.5%$51,000$40,00027.5%
Meredosia135160%$32,500$48,000-32.3%
Franklin37-57.1%$23,000$73,500-68.7%

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