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Thursday, April 25, 2024

Jerseyville home prices rise in the second half of 2019

Realestate077

The median sale price of a home sold in the second half of 2019 in Jerseyville rose by $69,762 while total sales increased by 1260%, according to BlockShopper.com.

From July through December of 2019, there were 68 homes sold, with a median sale price of $99,000 - a 238.6% increase over the $29,238 median sale price for the same period of the previous year. There were five homes sold in Jerseyville in the second half of 2018.

The median sales tax in Jerseyville for the most recent year with available data, 2018, was $1,798, approximately 1.8% of the median home sale price for the second half of 2019.

The following table compares Jerseyville to other Jersey County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Grafton1111000%$195,000$182,5006.8%
Brighton20-$173,500$0-
Elsah10-$110,000$0-
Jerseyville6851260%$99,000$29,238238.6%

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