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Monday, September 30, 2024

Riverton home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Riverton fell by $3,800 while total sales increased by 100%, according to BlockShopper.com.

In June 2017, there were eight homes sold, with a median sale price of $127,700 - a 2.9% decrease over the $131,500 median sale price for the same period of the previous year. There were four homes sold in Riverton in June 2016.

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 1.7%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Sherman1012-16.7%$165,000$167,250-1.3%
Pawnee78-12.5%$149,900$102,00047%
Mechanicsburg220%$129,450$150,450-14%
Rochester126100%$129,250$156,250-17.3%
Spaulding10-$129,000$0-
Riverton84100%$127,700$131,500-2.9%
Williamsville50-$125,000$0-
Auburn11683.3%$123,500$121,4001.7%
New Berlin73133.3%$114,500$250,000-54.2%
Dawson14-75%$83,900$123,000-31.8%
Southern View71600%$80,000$14,000471.4%

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