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Saturday, April 20, 2024

Meredosia home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Meredosia fell by $22,050 while total sales decreased by 60%, according to BlockShopper.com.

From April through June of 2019, there were two homes sold, with a median sale price of $40,950 - a 35% decrease over the $63,000 median sale price for the same period of the previous year. There were five homes sold in Meredosia in the second quarter of 2018.

The median sales tax in Meredosia for the most recent year with available data, 2018, was $905, approximately 2.2% of the median home sale price for the second quarter of 2019.

The following table compares Meredosia to other Morgan County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Jacksonville6383-24.1%$104,500$88,00018.8%
South Jacksonville1619-15.8%$98,000$108,000-9.3%
Waverly613-53.8%$71,500$75,000-4.7%
Franklin37-57.1%$70,000$95,000-26.3%
Murrayville330%$60,000$65,000-7.7%
Chapin330%$50,000$47,0006.4%
Woodson23-33.3%$48,000$222,500-78.4%
Meredosia25-60%$40,950$63,000-35%
Concord04-100%$0$64,750-100%

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