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Sangamon Sun

Wednesday, November 27, 2024

Divernon home prices fall in the fourth quarter of 2018

Realestate2

The median sale price of a home sold in the fourth quarter of 2018 in Divernon fell by $44,895 while total sales decreased by 60%, according to BlockShopper.com.

From October through December of 2018, there were two homes sold, with a median sale price of $40,105 - a 52.8% decrease over the $85,000 median sale price for the same period of the previous year. There were five homes sold in Divernon in the fourth quarter of 2017.

The median sales tax in Divernon for the most recent year with available data, 2017, was $1,800, approximately 4.5% of the median home sale price for the fourth quarter of 2018.

The following table compares Divernon to other Sangamon County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Dawson46-33.3%$155,625$169,950-8.4%
Buffalo14-75%$148,900$95,30656.2%
Riverton913-30.8%$128,000$106,62520%
Auburn231827.8%$95,000$124,950-24%
Pawnee916-43.8%$87,500$112,500-22.2%
Mechanicsburg40-$79,000$0-
Loami6450%$77,000$139,000-44.6%
Southern View1416-12.5%$73,430$68,5007.2%
Illiopolis47-42.9%$69,000$165,000-58.2%
Divernon25-60%$40,105$85,000-52.8%
Thayer110%$20,000$32,000-37.5%

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