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West Central Reporter

Saturday, November 23, 2024

Hancock County median home valuation prices rose by 19.6% in March 2023 compared to March 2022

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In March 2023, the median sale price of a home in Hancock County rose by $13,750 from the same period in the previous year, while total sales increased by 5.9%, according to BlockShopper.com.

Data shows that there were 18 homes sold in March 2023, with a median sale price of $83,750 - a 19.6% increase over the $70,000 median sale price for the same period of the previous year. There were 17 homes sold in Hancock County in March 2022.

For context, the median sales tax in Hancock County, based on the latest available data from 2021, was $1,447, which stands at 1.7% of March 2023's median home sale price.

The following histogram displays changes in median sales prices in Hancock County from March 2022 to March 2023.

March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023$70,000$70,000$74,500$74,500$70,750$70,750$94,250$94,250$73,500$73,500$75,000$75,000$63,450$63,450$65,000$65,000$105,000$105,000$48,000$48,000$115,000$115,000$42,500$42,500$83,750$83,750

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