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Sangamon Sun

Tuesday, November 26, 2024

Auburn home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Auburn fell by $73,250 while total sales decreased by 16.7%, according to BlockShopper.com.

In August 2018, there were five homes sold, with a median sale price of $52,000 - a 58.5% decrease over the $125,250 median sale price for the same period of the previous year. There were six homes sold in Auburn in August 2017.

The median sales tax in Auburn for the most recent year with available data, 2017, was $1,705, approximately 3.3% of the median home sale price for August 2018.

The following table compares Auburn 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)
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%
Buffalo12-50%$90,000$106,750-15.7%
Divernon23-33.3%$68,750$98,608-30.3%
Southern View7475%$65,900$56,75016.1%
Auburn56-16.7%$52,000$125,250-58.5%
Thayer20-$44,047.07$0-

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