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Friday, November 22, 2024

Auburn home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Auburn rose by $42,600 while total sales increased by 80%, according to BlockShopper.com.

In February 2017, there were nine homes sold, with a median sale price of $122,600 - a 53.3% increase over the $80,000 median sale price for the same period of the previous year. There were five homes sold in Auburn in February 2016.

The median sales tax in Auburn for 2017 was $1,705. In 2016, the median sales tax was $1,736. This marks an decrease of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

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

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Sherman110%$165,000$350,000-52.9%
Williamsville31200%$131,500$119,00010.5%
Auburn9580%$122,600$80,00053.3%
Loami10-$122,000$0-
Rochester45-20%$120,000$275,000-56.4%
Chatham813-38.5%$101,750$121,500-16.3%
Divernon13-66.7%$93,500$70,50032.6%
Pleasant Plains12-50%$90,000$109,500-17.8%
Mechanicsburg10-$85,806$0-
Pawnee5425%$80,000$109,000-26.6%
Cantrall10-$65,000$0-

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