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Monday, November 25, 2024

Southern View home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Southern View fell by $44,500 while total sales decreased by 50%, according to BlockShopper.com.

In July 2018, there were two homes sold, with a median sale price of $41,500 - a 51.7% decrease over the $86,000 median sale price for the same period of the previous year. There were four homes sold in Southern View in July 2017.

The median sales tax in Southern View for the most recent year with available data, 2017, was $1,699, approximately 4.1% of the median home sale price for July 2018.

The following table compares Southern View 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)
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%
Mechanicsburg21100%$81,000$25,000224%
Illiopolis21100%$75,750$72,5004.5%
Buffalo110%$52,000$142,500-63.5%
Riverton111-90.9%$51,500$158,900-67.6%
Southern View24-50%$41,500$86,000-51.7%
Thayer12-50%$6,000$43,200-86.1%

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