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Monday, September 30, 2024

Chatham home prices fall in February 2019

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The median sale price of a home sold in February 2019 in Chatham fell by $32,500 while total sales increased by 18.2%, according to BlockShopper.com.

In February 2019, there were 13 homes sold, with a median sale price of $170,000 - a 16% decrease over the $202,500 median sale price for the same period of the previous year. There were 11 homes sold in Chatham in February 2018.

The median sales tax in Chatham for the most recent year with available data, 2017, was $3,020, approximately 1.8% of the median home sale price for February 2019.

The following table compares Chatham to other Sangamon County cities with similar median sales prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Rochester59-44.4%$318,000$145,000119.3%
Cantrall10-$255,000$0-
Williamsville110%$187,000$219,297-14.7%
Pleasant Plains110%$177,000$158,00012%
Chatham131118.2%$170,000$202,500-16%
Loami110%$148,000$2,4505940.8%
Sherman35-40%$139,298.59$88,50057.4%
Pawnee83166.7%$112,500$115,000-2.2%
Southern View20-$94,150$0-
Auburn8560%$86,500$99,900-13.4%
Divernon31200%$85,000$51,50065%

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