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Tuesday, November 26, 2024

Chatham home prices fall in August 2018

Re 11

The median sale price of a home sold in August 2018 in Chatham fell by $18,250 while total sales decreased by 16.1%, according to BlockShopper.com.

In August 2018, there were 26 homes sold, with a median sale price of $150,750 - a 10.8% decrease over the $169,000 median sale price for the same period of the previous year. There were 31 homes sold in Chatham in August 2017.

The median sales tax in Chatham for the most recent year with available data, 2017, was $3,020, approximately 2% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Rochester15147.1%$226,000$163,00038.7%
Cantrall20-$171,000$0-
Williamsville23-33.3%$161,500$169,300-4.6%
Chatham2631-16.1%$150,750$169,000-10.8%
Riverton660%$143,950$91,45057.4%
Pleasant Plains7540%$141,000$43,000227.9%
Dawson34-25%$139,900$146,450-4.5%
Sherman34-25%$139,000$191,750-27.5%
Spaulding23-33.3%$133,000$197,925-32.8%
Pawnee211-81.8%$111,200$98,00013.5%
New Berlin550%$107,000$135,000-20.7%

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