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West Central Reporter

Sunday, April 20, 2025

Falling home prices in Hamilton in November 2018

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The median sale price of a home sold in November 2018 in Hamilton fell by $19,250 while total sales increased by 33.3%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $60,750 - a 24.1% decrease over the $80,000 median sale price for the same period of the previous year. There were three homes sold in Hamilton in November 2017.

The median sales tax in Hamilton for 2018 was $1,793. In 2017, the median sales tax was $1,658. This marks an increase of 8.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Hamilton to other Hancock County cities in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Carthage220%$91,000$89,5001.7%
Hamilton4333.3%$60,750$80,000-24.1%
Dallas City20-$47,750$0-
Nauvoo12-50%$43,000$74,000-41.9%
Warsaw13-66.7%$15,840$24,000-34%
Plymouth00-$0$0-
Bowen01-100%$0$36,000-100%
Augusta01-100%$0$22,500-100%
La Harpe01-100%$0$10,000-100%

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