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Sunday, November 24, 2024

Auburn home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Auburn rose by $4,250 while total sales increased by 100%, according to BlockShopper.com.

In March 2017, there were six homes sold, with a median sale price of $86,250 - a 5.2% increase over the $82,000 median sale price for the same period of the previous year. There were three homes sold in Auburn in March 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 2%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Divernon110%$160,000$185,000-13.5%
Chatham2022-9.1%$160,000$204,750-21.9%
New Berlin7540%$145,000$149,000-2.7%
Spaulding21100%$143,850$135,0006.6%
Rochester34-25%$122,900$119,2503.1%
Auburn63100%$86,250$82,0005.2%
Williamsville110%$84,500$275,000-69.3%
Riverton27-71.4%$80,950$102,000-20.6%
Southern View3250%$68,000$72,750-6.5%
Loami12-50%$50,000$28,62074.7%
Pleasant Plains12-50%$41,000$281,500-85.4%

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