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Saturday, April 20, 2024

Murrayville home prices fall in the second quarter of 2019

Re 12

The median sale price of a home sold in the second quarter of 2019 in Murrayville fell by $5,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $60,000 - a 7.7% decrease over the $65,000 median sale price for the same period of the previous year. There were three homes sold in Murrayville in the second quarter of 2018, as well.

The median sales tax in Murrayville for the most recent year with available data, 2018, was $1,297, approximately 2.2% of the median home sale price for the second quarter of 2019.

The following table compares Murrayville 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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