Quantcast

Metro East Sun

Monday, November 25, 2024

New Douglas home prices fall in the second half of 2017

Realestate3

The median sale price of a home sold in the second half of 2017 in New Douglas fell by $87,100 while total sales increased by 75%, according to BlockShopper.com.

From July through December of 2017, there were seven homes sold, with a median sale price of $52,900 - a 62.2% decrease over the $140,000 median sale price for the same period of the previous year. There were four homes sold in New Douglas in the second half of 2016.

The median sales tax in New Douglas for 2017 was $1,851. In 2016, the median sales tax was $1,850. This marks an increase of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares New Douglas to other Madison County cities with similar median sales prices 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)
Roxana1216-25%$65,000$36,75076.9%
Wood River88107-17.8%$64,750$60,0007.9%
Pontoon Beach2437-35.1%$63,250$100,000-36.8%
Granite City268345-22.3%$61,169.50$54,76411.7%
Brooks110%$60,000$96,000-37.5%
New Douglas7475%$52,900$140,000-62.2%
Livingston157114.3%$50,000$35,00042.9%
Hartford11110%$45,000$23,00095.7%
Meadowbrook660%$35,700$75,000-52.4%
South Roxana1012-16.7%$25,500$28,500-10.5%
Madison241833.3%$25,500$22,00015.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS