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Monday, November 25, 2024

Southern View home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Southern View rose by $38,590 while total sales decreased by 50%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $71,500 - a 117.3% increase over the $32,911 median sale price for the same period of the previous year. There were 10 homes sold in Southern View in May 2017.

The median sales tax in Southern View for the most recent year with available data, 2017, was $1,699, approximately 2.4% of the median home sale price for May 2018.

The following table compares Southern View to other Sangamon County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
New Berlin49-55.6%$117,250$135,000-13.1%
Williamsville31200%$114,000$235,000-51.5%
Buffalo21100%$112,314.50$184,000-39%
Mechanicsburg20-$110,500$0-
Loami21100%$107,950$55,00096.3%
Pawnee813-38.5%$102,750$107,000-4%
Southern View510-50%$71,500$32,910.50117.3%
Thayer40-$65,750$0-
Dawson23-33.3%$54,575$146,500-62.7%
Divernon34-25%$44,107$101,377.02-56.5%
Spaulding110%$43,800$168,500-74%

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