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Friday, April 19, 2024

Southern View home prices fall in May 2017

Realestate3

The median sale price of a home sold in May 2017 in Southern View fell by $55,090 while total sales increased by 100%, according to BlockShopper.com.

In May 2017, there were 10 homes sold, with a median sale price of $32,911 - a 62.6% decrease over the $88,000 median sale price for the same period of the previous year. There were five homes sold in Southern View in May 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 5.2%.

The following table compares Southern View to other Sangamon County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Dawson3250%$146,500$225,000-34.9%
Sherman67-14.3%$136,500$170,000-19.7%
New Berlin990%$135,000$139,000-2.9%
Auburn176183.3%$116,900$89,45030.7%
Pleasant Plains24-50%$112,250$132,500-15.3%
Riverton6450%$110,000$210,000-47.6%
Pawnee136116.7%$107,000$103,0003.9%
Divernon41300%$101,377.02$96,0005.6%
Loami10-$55,000$0-
Illiopolis40-$48,000$0-
Southern View105100%$32,910.50$88,000-62.6%

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