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Sangamon Sun

Wednesday, April 24, 2024

Southern View 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 Southern View rose by $11,181.47 while total sales increased by 75%, according to BlockShopper.com.

From January through March of 2018, there were seven homes sold, with a median sale price of $72,881.47 - a 18.1% increase over the $61,700 median sale price for the same period of the previous year. There were four homes sold in Southern View in the first quarter of 2017.

The median sales tax in Southern View for the most recent year with available data, 2017, was $1,698.70, approximately 2.3% of the median home sale price for the first quarter of 2018.

The following table compares Southern View 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)
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%
Divernon42100%$69,750$126,750-45%
Illiopolis5366.7%$40,000$56,000-28.6%
Thayer3250%$32,000$54,077.50-40.8%
Pleasant Plains3250%$30,000$65,500-54.2%

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