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Friday, April 19, 2024

Riverton home prices unchanged in the first half of 2017

Realestate3

The median sale price of a home sold in the first half of 2017 in Riverton was unchanged while total sales increased by 21.7%, according to BlockShopper.com.

From January through June of 2017, there were 28 homes sold, with a median sale price of $102,000. There were 23 homes sold in Riverton in the first half of 2016, and the median sales price for the period was also $102,000.

The median sales tax in Riverton for 2017 was $2,156. In 2016, the median sales tax was $2,171. This marks an decrease of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Riverton to other Sangamon County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Cantrall63100%$121,000$215,000-43.7%
New Berlin302425%$117,250$139,500-15.9%
Auburn583375.8%$116,450$100,00016.5%
Buffalo330%$105,000$129,900-19.2%
Pawnee352920.7%$102,500$100,0002.5%
Riverton282321.7%$102,000$102,0000%
Mechanicsburg63100%$96,903$100,000-3.1%
Dawson911-18.2%$94,516$175,000-46%
Divernon10911.1%$85,000$70,50020.6%
Pleasant Plains712-41.7%$84,500$146,000-42.1%
Thayer35-40%$79,000$55,00043.6%

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