Quantcast

Sangamon Sun

Friday, April 19, 2024

Southern View home prices rise in the third quarter of 2017

Re 2

The median sale price of a home sold in the third quarter of 2017 in Southern View rose by $4,000 while total sales increased by 85.7%, according to BlockShopper.com.

From July through September of 2017, there were 13 homes sold, with a median sale price of $72,000 - a 5.9% increase over the $68,000 median sale price for the same period of the previous year. There were seven homes sold in Southern View in the third quarter of 2016.

The median sales tax in Southern View for 2017 was $1,698.74. In 2016, the median sales tax was $1,652.80. This marks an increase of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Southern View to other Sangamon County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Loami5366.7%$129,900$65,00099.8%
Pawnee201533.3%$113,000$120,000-5.8%
Cantrall10-$112,900$0-
Buffalo57-28.6%$105,500$142,000-25.7%
Auburn2025-20%$102,000$124,500-18.1%
Divernon770%$81,760$134,000-39%
Southern View13785.7%$72,000$68,0005.9%
Illiopolis330%$63,900$62,5002.2%
Pleasant Plains713-46.2%$53,300$114,000-53.2%
Mechanicsburg23-33.3%$45,000$60,000-25%
Thayer23-33.3%$43,200$49,601-12.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS