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Sunday, November 24, 2024

Murrayville home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Murrayville rose by $15,000 while total sales decreased by 25%, according to BlockShopper.com.

From July through December of 2018, there were three homes sold, with a median sale price of $78,500 - a 23.6% increase over the $63,500 median sale price for the same period of the previous year. There were four homes sold in Murrayville in the second half of 2017.

The median sales tax in Murrayville for the most recent year with available data, 2016, was $1,209, approximately 1.5% of the median home sale price for the second half of 2018.

The following table compares Murrayville to other Morgan County cities in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
South Jacksonville4046-13%$91,750$93,250-1.6%
Chapin93200%$87,500$17,245407.4%
Jacksonville147151-2.6%$82,400$85,900-4.1%
Waverly15150%$80,000$41,00095.1%
Murrayville34-25%$78,500$63,50023.6%
Franklin6450%$66,000$40,00065%
Concord3250%$40,000$18,000122.2%
Meredosia715-53.3%$30,000$47,500-36.8%
Woodson47-42.9%$23,000$100,000-77%

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