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Tuesday, November 26, 2024

Auburn home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Auburn fell by $34,900 while total sales decreased by 20%, according to BlockShopper.com.

In December 2018, there were eight homes sold, with a median sale price of $87,500 - a 28.5% decrease over the $122,400 median sale price for the same period of the previous year. There were 10 homes sold in Auburn in December 2017.

The median sales tax in Auburn for the most recent year with available data, 2017, was $1,705, approximately 1.9% of the median home sale price for December 2018.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Sherman35-40%$142,000$154,500-8.1%
Rochester49-55.6%$141,000$154,900-9%
Chatham1316-18.8%$130,000$146,450-11.2%
Dawson12-50%$119,000$134,450-11.5%
Loami20-$117,000$0-
Pawnee25-60%$108,000$95,50013.1%
Williamsville31200%$101,500$232,000-56.3%
Auburn810-20%$87,500$122,400-28.5%
Divernon10-$77,900$0-
Southern View42100%$63,750$117,000-45.5%
Illiopolis12-50%$40,000$123,250-67.5%

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