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Wednesday, April 24, 2024

Southern View home prices fall in November 2017

Re 13

The median sale price of a home sold in November 2017 in Southern View fell by $9,550 while total sales increased by 33.3%, according to BlockShopper.com.

In November 2017, there were four homes sold, with a median sale price of $55,450 - a 14.7% decrease over the $65,000 median sale price for the same period of the previous year. There were three homes sold in Southern View in November 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 3.1%.

The following table compares Southern View 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)
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-
Illiopolis330%$20,000$130,000-84.6%

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