West Central Reporter

West Central Reporter

Thursday, October 17, 2019

South Jacksonville home prices fall in the first quarter of 2019

Real Estate

By Local Labs News Service | Apr 7, 2019


The median sale price of a home sold in the first quarter of 2019 in South Jacksonville fell by $4,700 while total sales increased by 25%, according to BlockShopper.com.

From January through March of 2019, there were 20 homes sold, with a median sale price of $89,250 - a 5% decrease over the $93,950 median sale price for the same period of the previous year. There were 16 homes sold in South Jacksonville in the first quarter of 2018.

The median sales tax in South Jacksonville for the most recent year with available data, 2016, was $1,846, approximately 2.1% of the median home sale price for the first quarter of 2019.

The following table compares South Jacksonville to other Morgan County cities in the first quarter of 2019:

City
Jan. - Mar. 2019 Home Sales
Jan. - Mar. 2018 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2019 Median Sales Price
Jan. - Mar. 2018 Median Sales Price
% change (Median Sales Price)
Concord
1
0
-
$143,300
$0
-
Murrayville
1
5
-80%
$100,000
$75,000
33.3%
Woodson
2
1
100%
$96,000
$59,000
62.7%
South Jacksonville
20
16
25%
$89,250
$93,950
-5%
Jacksonville
49
50
-2%
$79,000
$74,250
6.4%
Chapin
2
1
100%
$40,000
$150,000
-73.3%
Meredosia
5
3
66.7%
$39,000
$56,000
-30.4%
Waverly
7
7
0%
$18,000
$102,000
-82.4%
Franklin
0
5
-100%
$0
$45,000
-100%

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