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Wednesday, November 6, 2024

How did home prices perform in Chester during the fourth quarter of 2020?

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The median sale price of a home sold in the fourth quarter of 2020 in Chester rose by $31,500 while total sales increased by 125%, according to BlockShopper.com.

From October through December of 2020, there were nine homes sold, with a median sale price of $85,000 - a 58.9% increase over the $53,500 median sale price for the same period of the previous year. There were four homes sold in Chester in the fourth quarter of 2019.

The median sales tax in Chester for the most recent year with available data, 2019, was $1,337, approximately 1.6% of the median home sale price for the fourth quarter of 2020.

The following table compares Chester to other Randolph County cities in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Red Bud153400%$150,000$80,00087.5%
Ellis Grove20-$126,000$0-
Baldwin10-$112,000$0-
Sparta10100%$89,450$95,750-6.6%
Chester94125%$85,000$53,50058.9%
Coulterville10-$79,500$0-
Steeleville71600%$72,000$29,270146%
Prairie du Rocher220%$51,250$21,000144%
Percy62200%$28,500$33,250-14.3%
Tilden00-$0$0-
Evansville01-100%$0$65,000-100%

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