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Thursday, April 18, 2024

Auburn home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Auburn fell by $58,000 while total sales increased by 66.7%, according to BlockShopper.com.

In November 2018, there were five homes sold, with a median sale price of $79,000 - a 42.3% decrease over the $137,000 median sale price for the same period of the previous year. There were three homes sold in Auburn in November 2017.

The median sales tax in Auburn for the most recent year with available data, 2017, was $1,705, approximately 2.2% of the median home sale price for November 2018.

The following table compares Auburn 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)
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%
Mechanicsburg10-$79,000$0-
Loami31200%$75,000$128,000-41.4%
Southern View5425%$73,000$55,45031.7%
Thayer110%$20,000$32,000-37.5%

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