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Saturday, November 23, 2024

Sparta home prices fall in June 2017

Realestate5

The median sale price of a home sold in June 2017 in Sparta fell by $29,500 while total sales increased by 125%, according to BlockShopper.com.

In June 2017, there were nine homes sold, with a median sale price of $65,000 - a 31.2% decrease over the $94,500 median sale price for the same period of the previous year. There were four homes sold in Sparta in June 2016.

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 1.9%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Red Bud47-42.9%$129,000$117,00010.3%
Ellis Grove20-$95,000$0-
Evansville110%$85,000$39,000117.9%
Steeleville63100%$77,500$39,00098.7%
Sparta94125%$65,000$94,500-31.2%
Chester550%$58,000$72,500-20%
Percy21100%$31,750$17,00086.8%
Tilden10-$11,000$0-
Coulterville01-100%$0$6,200-100%
Prairie du Rocher01-100%$0$55,000-100%
Baldwin01-100%$0$5,000-100%

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