Mount Olive home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Mount Olive fell by $45,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $30,500 - a 59.6% decrease over the $75,500 median sale price for the same period of the previous year. There were three homes sold in Mount Olive in January 2019, as well.

The median sales tax in Mount Olive for the most recent year with available data, 2018, was $1,172, approximately 3.8% of the median home sale price for January 2020.

The following table compares Mount Olive to other Macoupin County cities in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Gillespie
2
3
-33.3%
$168,750
$65,000
159.6%
Staunton
1
5
-80%
$140,000
$60,000
133.3%
Brighton
1
1
0%
$70,000
$30,000
133.3%
Carlinville
7
7
0%
$70,000
$35,000
100%
Girard
1
4
-75%
$62,000
$53,250
16.4%
Bunker Hill
3
2
50%
$57,000
$75,250
-24.3%
Benld
4
1
300%
$31,500
$44,500
-29.2%
Mount Olive
3
3
0%
$30,500
$75,500
-59.6%
Virden
6
3
100%
$30,000
$15,000
100%
Medora
0
0
-
$0
$0
-
Sawyerville
0
1
-100%
$0
$88,000
-100%
White City
0
1
-100%
$0
$75,500
-100%
Lake Ka-Ho
0
0
-
$0
$0
-
East Gillespie
0
0
-
$0
$0
-
Wilsonville
0
0
-
$0
$0
-
Palmyra
0
2
-100%
$0
$7,750
-100%
Shipman
0
0
-
$0
$0
-
Mount Clare
0
2
-100%
$0
$100,000
-100%

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