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Sunday, November 24, 2024

Riverton home prices fall in November 2017

Realestate3

The median sale price of a home sold in November 2017 in Riverton fell by $16,000 while total sales decreased by 14.3%, according to BlockShopper.com.

In November 2017, there were six homes sold, with a median sale price of $100,000 - a 13.8% decrease over the $116,000 median sale price for the same period of the previous year. There were seven homes sold in Riverton in November 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 2.2%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Rochester35-40%$156,000$218,000-28.4%
Auburn36-50%$137,000$75,00082.7%
New Berlin81700%$136,250$146,500-7%
Loami10-$128,000$0-
Pleasant Plains330%$122,000$101,00020.8%
Riverton67-14.3%$100,000$116,000-13.8%
Buffalo21100%$95,306$47,000102.8%
Divernon41300%$90,000$74,90020.2%
Pawnee23-33.3%$72,550$132,000-45%
Southern View4333.3%$55,450$65,000-14.7%
Thayer10-$32,000$0-

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