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Monday, October 7, 2024

Chatham home prices fall in November 2018

Re 5

The median sale price of a home sold in November 2018 in Chatham fell by $32,600 while total sales increased by 112.5%, according to BlockShopper.com.

In November 2018, there were 17 homes sold, with a median sale price of $137,900 - a 19.1% decrease over the $170,500 median sale price for the same period of the previous year. There were eight homes sold in Chatham in November 2017.

The median sales tax in Chatham for the most recent year with available data, 2017, was $3,020, approximately 2.2% of the median home sale price for November 2018.

The following table compares Chatham 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)
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%
Illiopolis13-66.7%$98,000$20,000390%
Auburn5366.7%$79,000$137,000-42.3%

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