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Metro East Sun

Tuesday, November 26, 2024

Jerseyville home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Jerseyville rose by $3,000 while total sales decreased by 28.9%, according to BlockShopper.com.

From July through December of 2017, there were 64 homes sold, with a median sale price of $76,500 - a 4.1% increase over the $73,500 median sale price for the same period of the previous year. There were 90 homes sold in Jerseyville in the second half of 2016.

The median sales tax in Jerseyville for the most recent year with available data, 2016, was $1,840, approximately 2.4% of the median home sale price for the second half of 2017.

The following table compares Jerseyville to other Jersey County cities 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)
Elsah14-75%$172,600$121,95041.5%
Grafton912-25%$117,000$129,500-9.7%
Brighton330%$104,000$70,00048.6%
Jerseyville6490-28.9%$76,500$73,5004.1%

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