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Sunday, November 24, 2024

Mount Carroll home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Mount Carroll fell by $37,500 while total sales decreased by 62.5%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $25,500 - a 59.5% decrease over the $63,000 median sale price for the same period of the previous year. There were eight homes sold in Mount Carroll in the second quarter of 2018.

The median sales tax in Mount Carroll for the most recent year with available data, 2018, was $1,516, approximately 5.9% of the median home sale price for the second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Lanark7616.7%$68,000$55,50022.5%
Milledgeville4333.3%$64,625$82,500-21.7%
Chadwick41300%$52,750$70,000-24.6%
Thomson3250%$49,000$52,250-6.2%
Savanna1922-13.6%$28,000$44,500-37.1%
Mount Carroll38-62.5%$25,500$63,000-59.5%
Shannon330%$24,500$78,000-68.6%

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