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Friday, April 19, 2024

Southern View home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Southern View fell by $4,750 while total sales increased by 50%, according to BlockShopper.com.

In March 2017, there were three homes sold, with a median sale price of $68,000 - a 6.5% decrease over the $72,750 median sale price for the same period of the previous year. There were two homes sold in Southern View in March 2016.

The median sales tax in Southern View for 2017 was $1,699. In 2016, the median sales tax was $1,653. This marks an increase of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Southern View 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)
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%
Illiopolis20-$39,000$0-
Mechanicsburg10-$37,500$0-
Pawnee34-25%$35,000$98,950-64.6%

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