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Friday, April 11, 2025

Jerseyville home prices fall in the second quarter of 2018

Webp re 10

The median sale price of a home sold in the second quarter of 2018 in Jerseyville fell by $6,000 while total sales decreased by 51.3%, according to BlockShopper.com.

From April through June of 2018, there were 19 homes sold, with a median sale price of $75,000 - a 7.4% decrease over the $81,000 median sale price for the same period of the previous year. There were 39 homes sold in Jerseyville in the second quarter of 2017.

The median sales tax in Jerseyville for 2018 was $1,798. In 2016, the median sales tax was $1,840. This marks an decrease of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Jerseyville to other Jersey County cities in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Grafton46-33.3%$132,500$173,450-23.6%
Elsah10-$94,000$0-
Jerseyville1939-51.3%$75,000$81,000-7.4%
Brighton00-$0$0-

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