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South West Illinois News

Tuesday, December 24, 2024

Red Bud home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Red Bud fell by $37,500 while total sales decreased by 55.6%, according to BlockShopper.com.

In July 2017, there were four homes sold, with a median sale price of $112,500 - a 25% decrease over the $150,000 median sale price for the same period of the previous year. There were nine homes sold in Red Bud in July 2016.

The median sales tax in Red Bud for 2017 was $2,151. In 2016, the median sales tax was $2,003. This marks an increase of 7.4%. 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 Red Bud 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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