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Friday, December 27, 2024

Red Bud home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Red Bud fell by $12,000 while total sales increased by 16.7%, according to BlockShopper.com.

From January through June of 2019, there were 21 homes sold, with a median sale price of $113,000 - a 9.6% decrease over the $125,000 median sale price for the same period of the previous year. There were 18 homes sold in Red Bud in the first half of 2018.

The median sales tax in Red Bud for the most recent year with available data, 2018, was $2,256, approximately 2% of the median home sale price for the first half of 2019.

The following table compares Red Bud to other Randolph County cities in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Red Bud211816.7%$113,000$125,000-9.6%
Chester1317-23.5%$90,800$71,00027.9%
Evansville35-40%$88,000$80,00010%
Prairie du Rocher13-66.7%$85,000$60,19041.2%
Steeleville715-53.3%$78,000$80,000-2.5%
Sparta261573.3%$68,100$79,000-13.8%
Tilden3250%$68,000$35,00094.3%
Coulterville56-16.7%$45,821$20,250126.3%
Ellis Grove23-33.3%$37,833$29,70027.4%
Baldwin220%$37,500$25,55046.8%
Percy41300%$22,500$3,000650%

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