West Central Reporter

West Central Reporter

Wednesday, April 1, 2020

Waverly home prices fall in the fourth quarter of 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Realestate2

The median sale price of a home sold in the fourth quarter of 2019 in Waverly fell by $32,000 while total sales increased by 40%, according to BlockShopper.com.

From October through December of 2019, there were seven homes sold, with a median sale price of $60,000 - a 34.8% decrease over the $92,000 median sale price for the same period of the previous year. There were five homes sold in Waverly in the fourth quarter of 2018.

The median sales tax in Waverly for the most recent year with available data, 2018, was $1,211, approximately 2% of the median home sale price for the fourth quarter of 2019.

The following table compares Waverly to other Morgan County cities in the fourth quarter of 2019:

City
Oct. - Dec. 2019 Home Sales
Oct. - Dec. 2018 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2019 Median Sales Price
Oct. - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Franklin
3
2
50%
$158,500
$66,000
140.2%
South Jacksonville
13
17
-23.5%
$115,000
$80,000
43.8%
Jacksonville
77
62
24.2%
$89,000
$78,000
14.1%
Woodson
2
1
100%
$68,500
$322,000
-78.7%
Murrayville
4
0
-
$63,500
$0
-
Waverly
7
5
40%
$60,000
$92,000
-34.8%
Meredosia
2
1
100%
$52,500
$30,000
75%
Chapin
1
3
-66.7%
$3,000
$87,500
-96.6%
Concord
0
0
-
$0
$0
-

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Morgan County IL Clerk and Recorder

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