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Sunday, November 24, 2024

Waverly home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Waverly rose by $27,000 while total sales decreased by 28.6%, according to BlockShopper.com.

From October through December of 2018, there were five homes sold, with a median sale price of $92,000 - a 41.5% increase over the $65,000 median sale price for the same period of the previous year. There were seven homes sold in Waverly in the fourth quarter of 2017.

The median sales tax in Waverly for the most recent year with available data, 2016, was $1,251, approximately 1.4% of the median home sale price for the fourth quarter of 2018.

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

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Woodson13-66.7%$322,000$107,000200.9%
Waverly57-28.6%$92,000$65,00041.5%
Chapin3250%$87,500$9,622.50809.3%
South Jacksonville1719-10.5%$80,000$93,000-14%
Jacksonville6279-21.5%$78,000$83,000-6%
Franklin220%$66,000$58,25013.3%
Meredosia16-83.3%$30,000$27,25010.1%
Concord01-100%$0$14,000-100%
Murrayville03-100%$0$48,000-100%

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