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West Central Reporter

Monday, November 25, 2024

Murrayville home prices rise in the fourth quarter of 2017

Realestate5

The median sale price of a home sold in the fourth quarter of 2017 in Murrayville rose by $26,850 while total sales decreased by 25%, according to BlockShopper.com.

From October through December of 2017, there were three homes sold, with a median sale price of $48,000 - a 127% increase over the $21,150 median sale price for the same period of the previous year. There were four homes sold in Murrayville in the fourth quarter of 2016.

The median sales tax in Murrayville for the most recent year with available data, 2016, was $1,209, approximately 2.5% of the median home sale price for the fourth quarter of 2017.

The following table compares Murrayville to other Morgan County cities in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Woodson3250%$107,000$94,00013.8%
South Jacksonville191435.7%$93,000$88,2505.4%
Jacksonville79103-23.3%$83,000$74,90010.8%
Waverly7540%$65,000$22,000195.5%
Franklin220%$58,250$64,750-10%
Murrayville34-25%$48,000$21,150127%
Meredosia62200%$27,250$21,00029.8%
Concord110%$14,000$37,400-62.6%
Chapin27-71.4%$9,622.50$43,500-77.9%

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