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Sunday, November 24, 2024

Mount Carroll home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Mount Carroll rose by $44,000 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2019, there were nine homes sold, with a median sale price of $75,000 - a 141.9% increase over the $31,000 median sale price for the same period of the previous year. There were six homes sold in Mount Carroll in the third quarter of 2018.

The median sales tax in Mount Carroll for the most recent year with available data, 2018, was $1,516, approximately 2% of the median home sale price for the third quarter of 2019.

The following table compares Mount Carroll to other Carroll County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Chadwick20-$108,500$0-
Mount Carroll9650%$75,000$31,000141.9%
Lanark10742.9%$73,250$58,00026.3%
Milledgeville60-$69,150$0-
Shannon83166.7%$51,500$91,500-43.7%
Savanna11922.2%$48,500$54,000-10.2%
Thomson40-$43,500$0-

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