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Monday, November 25, 2024

Sherman home prices fall in July 2018

Realestate2

The median sale price of a home sold in July 2018 in Sherman fell by $30,100 while total sales decreased by 66.7%, according to BlockShopper.com.

In July 2018, there were three homes sold, with a median sale price of $194,900 - a 13.4% decrease over the $225,000 median sale price for the same period of the previous year. There were nine homes sold in Sherman in July 2017.

The median sales tax in Sherman for the most recent year with available data, 2017, was $3,746, approximately 1.9% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Sherman39-66.7%$194,900$225,000-13.4%
Loami13-66.7%$185,000$225,000-17.8%
Chatham1929-34.5%$159,000$172,000-7.6%
New Berlin67-14.3%$158,750$164,900-3.7%
Pleasant Plains31200%$151,000$53,300183.3%
Rochester911-18.2%$149,000$212,500-29.9%
Spaulding220%$136,250$104,50030.4%
Pawnee84100%$116,800$138,750-15.8%
Divernon21100%$110,000$35,000214.3%
Williamsville31200%$108,000$210,000-48.6%
Auburn1211100%$107,000$67,50058.5%

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