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Sunday, November 24, 2024

Riverton home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Riverton rose by $40,400 while total sales increased by 37.5%, according to BlockShopper.com.

In July 2017, there were 11 homes sold, with a median sale price of $158,900 - a 34.1% increase over the $118,500 median sale price for the same period of the previous year. There were eight homes sold in Riverton in July 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 1.4%.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Rochester111010%$212,500$184,75015%
Williamsville13-66.7%$210,000$150,00040%
Dawson3250%$189,000$147,02528.5%
Chatham292231.8%$172,000$150,50014.3%
New Berlin72250%$164,900$112,25046.9%
Riverton11837.5%$158,900$118,50034.1%
Buffalo110%$142,500$104,00037%
Pawnee4333.3%$138,750$68,000104%
Spaulding20-$104,500$0-
Southern View41300%$86,000$47,00083%
Illiopolis110%$72,500$62,50016%

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