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Friday, November 8, 2024

Charleston home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Charleston rose by $250 while total sales increased by 5.3%, according to BlockShopper.com.

From January through March of 2019, there were 60 homes sold, with a median sale price of $70,250 - a 0.4% increase over the $70,000 median sale price for the same period of the previous year. There were 57 homes sold in Charleston in the first quarter of 2018.

The median sales tax in Charleston for the most recent year with available data, 2018, was $2,119, approximately 3% of the median home sale price for the first quarter of 2019.

The following table compares Charleston to other Coles County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Lerna220%$125,656.50$13,500830.8%
Oakland330%$105,000$22,000377.3%
Charleston60575.3%$70,250$70,0000.4%
Mattoon66660%$70,000$60,00016.7%
Humboldt4333.3%$61,500$25,000146%
Ashmore12-50%$9,900$19,494-49.2%

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