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West Central Reporter

Friday, April 19, 2024

Waverly home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Waverly rose by $56,500 while total sales decreased by 50%, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $97,500 - a 137.8% increase over the $41,000 median sale price for the same period of the previous year. There were four homes sold in Waverly in February 2017.

The median sales tax in Waverly for the most recent year with available data, 2016, was $1,251, approximately 1.3% of the median home sale price for February 2018.

The following table compares Waverly to other Morgan County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
South Jacksonville810-20%$117,950$61,772.5090.9%
Waverly24-50%$97,500$41,000137.8%
Franklin20-$60,000$0-
Jacksonville1318-27.8%$48,000$55,718-13.9%
Chapin01-100%$0$15,000-100%
Concord00-$0$0-
Meredosia01-100%$0$5,000-100%
Murrayville00-$0$0-
Woodson01-100%$0$75,000-100%

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