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South West Illinois News

Wednesday, December 25, 2024

Chester home prices fall in July 2017

Realestate2

The median sale price of a home sold in July 2017 in Chester fell by $9,750 while total sales decreased by 62.5%, according to BlockShopper.com.

In July 2017, there were three homes sold, with a median sale price of $110,000 - a 8.1% decrease over the $119,750 median sale price for the same period of the previous year. There were eight homes sold in Chester in July 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 1.1%.

The following table compares Chester 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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