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Friday, December 13, 2019

Illiopolis home prices rise in the second half of 2018

Real Estate

By Local Labs News Service | Jan 7, 2019

Realestate3

The median sale price of a home sold in the second half of 2018 in Illiopolis rose by $7,550 while total sales decreased by 40%, according to BlockShopper.com.

From July through December of 2018, there were six homes sold, with a median sale price of $75,750 - a 11.1% increase over the $68,200 median sale price for the same period of the previous year. There were 10 homes sold in Illiopolis in the second half of 2017.

The median sales tax in Illiopolis for the most recent year with available data, 2017, was $1,406, approximately 1.9% of the median home sale price for the second half of 2018.

The following table compares Illiopolis to other Sangamon County cities with similar median sales prices in the second half of 2018:

City
July - Dec. 2018 Home Sales
July - Dec. 2017 Home Sales
% change (Total Home Sales)
July - Dec. 2018 Median Sales Price
July - Dec. 2017 Median Sales Price
% change (Median Sales Price)
Riverton
18
35
-48.6%
$126,500
$128,000
-1.2%
Pawnee
20
36
-44.4%
$110,000
$112,500
-2.2%
Spaulding
7
8
-12.5%
$107,000
$168,962.50
-36.7%
Buffalo
3
9
-66.7%
$90,000
$105,500
-14.7%
Auburn
53
38
39.5%
$89,900
$115,250
-22%
Loami
9
9
0%
$79,000
$129,900
-39.2%
Mechanicsburg
6
2
200%
$79,000
$45,000
75.6%
Divernon
7
12
-41.7%
$77,900
$83,380
-6.6%
Illiopolis
6
10
-40%
$75,750
$68,200
11.1%
Southern View
32
29
10.3%
$71,500
$71,000
0.7%
Thayer
7
3
133.3%
$38,500
$43,200
-10.9%

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