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Carbondale Reporter

Friday, November 22, 2024

Makanda home prices rise in the second half of 2017

Realestate1

The median sale price of a home sold in the second half of 2017 in Makanda rose by $45,000 while total sales increased by 120%, according to BlockShopper.com.

From July through December of 2017, there were 11 homes sold, with a median sale price of $177,000 - a 34.1% increase over the $132,000 median sale price for the same period of the previous year. There were five homes sold in Makanda in the second half of 2016.

The median sales tax in Makanda for 2017 was $2,603. In 2016, the median sales tax was $2,603, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Makanda to other Jackson County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Makanda115120%$177,000$132,00034.1%
Carbondale1131075.6%$112,000$115,000-2.6%
Elkville440%$77,000$60,50027.3%
Murphysboro7180-11.3%$76,000$65,00016.9%
De Soto135160%$64,000$77,100-17%
Ava48-50%$57,500$50,50013.9%
Vergennes42100%$41,500$84,500-50.9%
Harrison81700%$37,000$67,900-45.5%
Dowell110%$34,000$18,00088.9%
Campbell Hill20-$22,500$0-
Grand Tower23-33.3%$6,727.50$5,00034.6%

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