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Sunday, November 24, 2024

Auburn home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Auburn rose by $32,901.26 while total sales increased by 40%, according to BlockShopper.com.

From January through March of 2017, there were 21 homes sold, with a median sale price of $113,401.26 - a 40.9% increase over the $80,500 median sale price for the same period of the previous year. There were 15 homes sold in Auburn in the first quarter of 2016.

The median sales tax in Auburn for 2017 was $1,704.57. In 2016, the median sales tax was $1,735.90. This marks an decrease of 1.8%. 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 Auburn to other Sangamon County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Rochester13130%$135,000$148,000-8.8%
Williamsville63100%$130,750$123,0006.3%
Divernon25-60%$126,750$155,500-18.5%
Cantrall21100%$121,000$253,000-52.2%
New Berlin11837.5%$113,500$138,250-17.9%
Auburn211540%$113,401.26$80,50040.9%
Buffalo110%$105,000$180,000-41.7%
Mechanicsburg30-$83,000$0-
Riverton912-25%$74,000$91,200-18.9%
Pleasant Plains25-60%$65,500$264,000-75.2%
Southern View48-50%$61,700$85,000-27.4%

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