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Saturday, November 23, 2024

Chester home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Chester fell by $30,250 while total sales decreased by 48.1%, according to BlockShopper.com.

From January through June of 2017, there were 14 homes sold, with a median sale price of $34,250 - a 46.9% decrease over the $64,500 median sale price for the same period of the previous year. There were 27 homes sold in Chester in the first half of 2016.

The median sales tax in Chester for 2017 was $1,241. In 2016, the median sales tax was $1,259. This marks an decrease of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Chester to other Randolph County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Red Bud1827-33.3%$128,000$115,00011.3%
Coulterville18-87.5%$100,000$31,700215.5%
Evansville13-66.7%$85,000$58,00046.6%
Steeleville1216-25%$79,000$56,00041.1%
Sparta2232-31.3%$63,750$66,500-4.1%
Ellis Grove5366.7%$55,000$69,000-20.3%
Tilden46-33.3%$49,000$22,500117.8%
Chester1427-48.1%$34,250$64,500-46.9%
Prairie du Rocher24-50%$26,250$52,500-50%
Percy36-50%$25,000$36,000-30.6%
Baldwin12-50%$23,000$21,9005%

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