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Friday, April 26, 2024

Riverton home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Riverton rose by $40,500 while total sales increased by 66.7%, according to BlockShopper.com.

From January through March of 2018, there were 15 homes sold, with a median sale price of $114,500 - a 54.7% increase over the $74,000 median sale price for the same period of the previous year. There were nine homes sold in Riverton in the first quarter of 2017.

The median sales tax in Riverton for the most recent year with available data, 2017, was $2,156.40, approximately 1.9% of the median home sale price for the first quarter of 2018.

The following table compares Riverton to other Sangamon County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Rochester151315.4%$154,000$135,00014.1%
Sherman13944.4%$153,000$182,000-15.9%
Mechanicsburg13-66.7%$133,000$83,00060.2%
Spaulding42100%$121,400$143,850-15.6%
Dawson52150%$119,000$36,304.50227.8%
Riverton15966.7%$114,500$74,00054.7%
Pawnee810-20%$111,520.50$56,45097.6%
Auburn1221-42.9%$101,200$113,401.26-10.8%
Loami25-60%$79,725$50,00059.5%
New Berlin311-72.7%$77,600$113,500-31.6%
Southern View7475%$72,881.47$61,70018.1%

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