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West Central Reporter

Monday, November 25, 2024

How did home prices perform in Carthage during the second half of 2017?

Realestate5

The median sale price of a home sold in the second half of 2017 in Carthage fell by $19,500 while total sales decreased by 10.5%, according to BlockShopper.com.

From July through December of 2017, there were 17 homes sold, with a median sale price of $52,500 - a 27.1% decrease over the $72,000 median sale price for the same period of the previous year. There were 19 homes sold in Carthage in the second half of 2016.

The median sales tax in Carthage for 2017 was $1,629. In 2016, the median sales tax was $1,608. This marks an increase of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Carthage to other Hancock County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Hamilton31310%$78,000$65,00020%
Nauvoo9812.5%$75,000$92,850-19.2%
Dallas City47-42.9%$67,500$38,00077.6%
La Harpe1112-8.3%$55,000$46,00019.6%
Carthage1719-10.5%$52,500$72,000-27.1%
Warsaw915-40%$49,000$62,000-21%
Bowen35-40%$36,000$25,00044%
Augusta511-54.5%$22,500$45,000-50%
Plymouth38-62.5%$22,000$12,00083.3%

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