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Saturday, December 7, 2019

Auburn home prices fall in November 2018

Real Estate

By Local Labs News Service | Dec 7, 2018

Re 2

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:

City
Nov. 2018 Home Sales
Nov. 2017 Home Sales
% change (Total Home Sales)
Nov. 2018 Median Sales Price
Nov. 2017 Median Sales Price
% change (Median Sales Price)
Buffalo
1
2
-50%
$148,900
$95,306
56.2%
Chatham
17
8
112.5%
$137,900
$170,500
-19.1%
New Berlin
3
8
-62.5%
$135,000
$136,250
-0.9%
Riverton
6
6
0%
$129,000
$100,000
29%
Pawnee
1
2
-50%
$128,000
$72,550
76.4%
Illiopolis
1
3
-66.7%
$98,000
$20,000
390%
Auburn
5
3
66.7%
$79,000
$137,000
-42.3%
Mechanicsburg
1
0
-
$79,000
$0
-
Loami
3
1
200%
$75,000
$128,000
-41.4%
Southern View
5
4
25%
$73,000
$55,450
31.7%
Thayer
1
1
0%
$20,000
$32,000
-37.5%

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