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West Central Reporter

Wednesday, December 25, 2024

Pricing for the median home in Hamilton increased during the third quarter of 2017

Realestate2

The median sale price of a home sold in the third quarter of 2017 in Hamilton rose by $26,000 while total sales decreased by 15.8%, according to BlockShopper.com.

From July through September of 2017, there were 16 homes sold, with a median sale price of $86,000 - a 43.3% increase over the $60,000 median sale price for the same period of the previous year. There were 19 homes sold in Hamilton in the third quarter of 2016.

The median sales tax in Hamilton for 2017 was $1,658. In 2016, the median sales tax was $1,721. This marks an decrease of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Hamilton to other Hancock County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Nauvoo5366.7%$174,000$91,00091.2%
Hamilton1619-15.8%$86,000$60,00043.3%
Dallas City24-50%$80,000$46,75071.1%
Carthage910-10%$72,500$100,000-27.5%
Augusta25-60%$72,000$45,00060%
La Harpe9580%$62,500$42,00048.8%
Bowen14-75%$49,250$17,500181.4%
Warsaw38-62.5%$49,000$54,000-9.3%
Plymouth15-80%$22,000$13,00069.2%

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