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South West Illinois News

Tuesday, November 5, 2024

Chester home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Chester fell by $53,550 while total sales decreased by 16.7%, according to BlockShopper.com.

In April 2017, there were five homes sold, with a median sale price of $20,000 - a 72.8% decrease over the $73,550 median sale price for the same period of the previous year. There were six homes sold in Chester in April 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 6.2%.

The following table compares Chester to other Randolph County cities in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Red Bud28-75%$96,000$148,000-35.1%
Steeleville35-40%$87,000$52,00067.3%
Ellis Grove10-$49,000$0-
Sparta27-71.4%$22,000$86,300-74.5%
Chester56-16.7%$20,000$73,550-72.8%
Prairie du Rocher10-$7,500$0-
Coulterville01-100%$0$30,000-100%
Evansville01-100%$0$62,000-100%
Tilden02-100%$0$30,500-100%
Baldwin00-$0$0-
Percy01-100%$0$28,000-100%

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