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Monday, December 23, 2024

Jerseyville home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Jerseyville rose by $8,500 while total sales decreased by 38%, according to BlockShopper.com.

From July through September of 2017, there were 31 homes sold, with a median sale price of $81,000 - a 11.7% increase over the $72,500 median sale price for the same period of the previous year. There were 50 homes sold in Jerseyville in the third quarter of 2016.

The median sales tax in Jerseyville for the most recent year with available data, 2016, was $1,840.10, approximately 2.3% of the median home sale price for the third quarter of 2017.

The following table compares Jerseyville to other Jersey County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Elsah12-50%$172,600$60,627.50184.7%
Grafton67-14.3%$142,500$130,0009.6%
Brighton220%$102,450$125,950-18.7%
Jerseyville3150-38%$81,000$72,50011.7%

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