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Monday, October 7, 2024

Sherman home prices fall in November 2018

Realestate5

The median sale price of a home sold in November 2018 in Sherman fell by $5,550 while total sales increased by 50%, according to BlockShopper.com.

In November 2018, there were six homes sold, with a median sale price of $160,950 - a 3.3% decrease over the $166,500 median sale price for the same period of the previous year. There were four homes sold in Sherman in November 2017.

The median sales tax in Sherman for the most recent year with available data, 2017, was $3,746, approximately 2.3% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Cantrall10-$247,000$0-
Williamsville21100%$210,500$240,000-12.3%
Rochester330%$196,000$156,00025.6%
Dawson220%$181,625$209,000-13.1%
Pleasant Plains73133.3%$170,000$122,00039.3%
Sherman6450%$160,950$166,500-3.3%
Buffalo12-50%$148,900$95,30656.2%
Chatham178112.5%$137,900$170,500-19.1%
New Berlin38-62.5%$135,000$136,250-0.9%
Riverton660%$129,000$100,00029%
Pawnee12-50%$128,000$72,55076.4%

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