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South West Illinois News

Wednesday, November 27, 2024

Red Bud home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Red Bud fell by $22,500 while total sales increased by 33.3%, according to BlockShopper.com.

In October 2018, there were eight homes sold, with a median sale price of $123,250 - a 15.4% decrease over the $145,750 median sale price for the same period of the previous year. There were six homes sold in Red Bud in October 2017.

The median sales tax in Red Bud for 2018 was $2,256. In 2017, the median sales tax was $2,151. This marks an increase of 4.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Red Bud to other Randolph 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)
Red Bud8633.3%$123,250$145,750-15.4%
Tilden12-50%$79,000$24,000229.2%
Baldwin10-$77,500$0-
Sparta34-25%$75,500$61,25023.3%
Evansville20-$59,000$0-
Chester440%$33,750$68,950-51.1%
Prairie du Rocher10-$15,000$0-
Coulterville00-$0$0-
Steeleville03-100%$0$39,740-100%
Ellis Grove01-100%$0$16,500-100%
Percy00-$0$0-

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