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Sunday, November 24, 2024

October 2018: Home prices in Jerseyville fell

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The median sale price of a home sold in October 2018 in Jerseyville fell by $37,300 while total sales decreased by 86.7%, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $35,500 - a 51.2% decrease over the $72,800 median sale price for the same period of the previous year. There were 15 homes sold in Jerseyville in October 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 5.1%.

The following table compares Jerseyville to other Jersey County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Grafton10-$270,000$0-
Jerseyville215-86.7%$35,500$72,800-51.2%
Brighton01-100%$0$104,000-100%
Elsah00-$0$0-

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