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West Central Reporter

Monday, November 25, 2024

What happened to the median home price in Nauvoo during the first quarter of 2019?

Re 4

The median sale price of a home sold in the first quarter of 2019 in Nauvoo fell by $12,500 while total sales increased by 100%, according to BlockShopper.com.

From January through March of 2019, there were four homes sold, with a median sale price of $50,000 - a 20% decrease over the $62,500 median sale price for the same period of the previous year. There were two homes sold in Nauvoo in the first quarter of 2018.

The median sales tax in Nauvoo for 2019 was $2,240. In 2018, the median sales tax was $2,210. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.5%.

The following table compares Nauvoo to other Hancock County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
La Harpe26-66.7%$65,678.50$47,50038.3%
Carthage47-42.9%$59,500$35,00070%
Hamilton38-62.5%$57,000$66,500-14.3%
Nauvoo42100%$50,000$62,500-20%
Bowen220%$45,500$41,00011%
Warsaw7475%$42,500$46,000-7.6%
Augusta12-50%$21,000$28,500-26.3%
Dallas City31200%$18,800$34,000-44.7%
Plymouth21100%$17,800$7,500137.3%

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