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South West Illinois News

Tuesday, December 24, 2024

Sparta home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Sparta rose by $24,450 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In July 2017, there were four homes sold, with a median sale price of $44,450 - a 122.3% increase over the $20,000 median sale price for the same period of the previous year. There were four homes sold in Sparta in July 2016, as well.

The median sales tax in Sparta for 2017 was $1,212. In 2016, the median sales tax was $1,252. This marks an decrease of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Sparta to other Randolph County cities in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Red Bud49-55.6%$112,500$150,000-25%
Chester38-62.5%$110,000$119,750-8.1%
Steeleville23-33.3%$76,000$137,500-44.7%
Sparta440%$44,450$20,000122.3%
Prairie du Rocher110%$32,000$25,50025.5%
Coulterville00-$0$0-
Evansville02-100%$0$38,250-100%
Tilden00-$0$0-
Ellis Grove00-$0$0-
Baldwin02-100%$0$105,000-100%
Percy00-$0$0-

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