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South West Illinois News

Wednesday, November 13, 2024

Falling home prices in Red Bud in November 2021

Realestate1

The median sale price of a home sold in November 2021 in Red Bud fell by $24,000 while total sales increased by 28.6%, according to BlockShopper.com.

In November 2021, there were nine homes sold, with a median sale price of $131,000 - a 15.5% decrease over the $155,000 median sale price for the same period of the previous year. There were seven homes sold in Red Bud in November 2020.

The median sales tax in Red Bud for the most recent year with available data, 2019, was $2,335, approximately 1.8% of the median home sale price for November 2021.

The following table compares Red Bud to other Randolph County cities in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Red Bud9728.6%$131,000$155,000-15.5%
Evansville20-$98,000$0-
Steeleville42100%$89,000$53,00067.9%
Sparta7616.7%$77,250$44,00075.6%
Chester6520%$55,500$43,90026.4%
Percy21100%$36,000$24,50046.9%
Prairie du Rocher01-100%$0$20,000-100%
Tilden00-$0$0-
Ellis Grove00-$0$0-
Baldwin00-$0$0-
Coulterville01-100%$0$79,500-100%

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