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Sunday, November 24, 2024

Chatham home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Chatham rose by $100,750 while total sales increased by 37.5%, according to BlockShopper.com.

In February 2018, there were 11 homes sold, with a median sale price of $202,500 - a 99% increase over the $101,750 median sale price for the same period of the previous year. There were eight homes sold in Chatham in February 2017.

The median sales tax in Chatham for the most recent year with available data, 2017, was $3,020, approximately 1.5% of the median home sale price for February 2018.

The following table compares Chatham to other Sangamon County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Williamsville13-66.7%$219,297$131,50066.8%
Chatham11837.5%$202,500$101,75099%
Pleasant Plains110%$158,000$90,00075.6%
Rochester94125%$145,000$120,00020.8%
Spaulding20-$116,750$0-
Pawnee35-40%$115,000$80,00043.8%
Dawson21100%$108,230.50$37,000192.5%
Auburn59-44.4%$99,900$122,600-18.5%
Sherman51400%$88,500$165,000-46.4%
Riverton440%$75,250$51,37546.5%
Thayer10-$56,000$0-

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