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Monday, November 25, 2024

Riverton home prices rise in January 2017

Realestate5

The median sale price of a home sold in January 2017 in Riverton rose by $40,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $78,000 - a 105.3% increase over the $38,000 median sale price for the same period of the previous year. There were three homes sold in Riverton in January 2016, as well.

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 2.8%.

The following table compares Riverton to other Sangamon County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Williamsville21100%$138,000$123,00012.2%
Chatham157114.3%$137,500$138,000-0.4%
Illiopolis110%$125,000$56,000123.2%
Pawnee23-33.3%$122,005.50$95,62527.6%
Auburn67-14.3%$121,700.63$90,00035.2%
Buffalo10-$105,000$0-
Thayer110%$83,155$26,255216.7%
Mechanicsburg10-$83,000$0-
Riverton330%$78,000$38,000105.3%
Loami31200%$45,000$84,000-46.4%
Dawson10-$35,609$0-

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