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Monday, November 25, 2024

Red Bud home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Red Bud rose by $27,500 while total sales decreased by 50%, according to BlockShopper.com.

In May 2018, there were six homes sold, with a median sale price of $154,500 - a 21.7% increase over the $127,000 median sale price for the same period of the previous year. There were 12 homes sold in Red Bud in May 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 1.5%.

The following table compares Red Bud to other Randolph County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Evansville10-$195,000$0-
Red Bud612-50%$154,500$127,00021.7%
Steeleville330%$80,000$80,0000%
Sparta29-77.8%$71,500$65,00010%
Chester72250%$60,000$136,250-56%
Prairie du Rocher20-$53,000$0-
Baldwin21100%$25,550$23,00011.1%
Coulterville21100%$14,250$100,000-85.8%
Ellis Grove12-50%$2,500$76,900-96.7%
Tilden03-100%$0$63,000-100%
Percy01-100%$0$17,000-100%

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