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Sunday, November 24, 2024

Augusta median home prices rose by 317.8% in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Augusta rose by $71,500 while total sales increased by 40%, according to BlockShopper.com.

From July through December of 2018, there were seven homes sold, with a median sale price of $94,000 - a 317.8% increase over the $22,500 median sale price for the same period of the previous year. There were five homes sold in Augusta in the second half of 2017.

The median sales tax in Augusta for 2018 was $739. In 2017, the median sales tax was $736. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.

The following table compares Augusta to other Hancock County cities in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Augusta7540%$94,000$22,500317.8%
Hamilton2731-12.9%$76,000$78,000-2.6%
Carthage281764.7%$67,500$52,50028.6%
Nauvoo69-33.3%$60,500$75,000-19.3%
Bowen330%$40,000$36,00011.1%
Warsaw11922.2%$40,000$49,000-18.4%
Dallas City104150%$28,500$67,500-57.8%
La Harpe711-36.4%$20,000$55,000-63.6%
Plymouth13-66.7%$17,750$22,000-19.3%

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