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West Central Reporter

Monday, May 20, 2024

What happened to the median home valuation price in Hancock County in August 2023 compared to August 2022?

Realestate3

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Adobe Stock

In August 2023, the median sale price of a home in Hancock County rose by $25,000 from the same period in the previous year, while total sales decreased by 34.5%, according to BlockShopper.com.

Data shows that there were 19 homes sold in August 2023, with a median sale price of $100,000 - a 33.3% increase over the $75,000 median sale price for the same period of the previous year. There were 29 homes sold in Hancock County in August 2022.

For context, the median sales tax in Hancock County, based on the latest available data from 2021, was $1,447, which stands at 1.4% of August 2023's median home sale price.

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

August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023$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$81,000$81,000$76,450$76,450$126,500$126,500$108,500$108,500$89,000$89,000$100,000$100,000

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