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Wednesday, November 27, 2024

Southern View home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Southern View fell by $53,250 while total sales increased by 100%, according to BlockShopper.com.

In December 2018, there were four homes sold, with a median sale price of $63,750 - a 45.5% decrease over the $117,000 median sale price for the same period of the previous year. There were two homes sold in Southern View in December 2017.

The median sales tax in Southern View for the most recent year with available data, 2017, was $1,699, approximately 2.7% of the median home sale price for December 2018.

The following table compares Southern View 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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