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Monday, September 30, 2024

Sherman home prices rise in February 2019

Realestate2

The median sale price of a home sold in February 2019 in Sherman rose by $50,799 while total sales decreased by 40%, according to BlockShopper.com.

In February 2019, there were three homes sold, with a median sale price of $139,299 - a 57.4% increase over the $88,500 median sale price for the same period of the previous year. There were five homes sold in Sherman in February 2018.

The median sales tax in Sherman for the most recent year with available data, 2017, was $3,746, approximately 2.7% of the median home sale price for February 2019.

The following table compares Sherman 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)
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%
Thayer21100%$48,750$56,000-12.9%

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