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Friday, January 24, 2020

Spaulding home prices fall in the first half of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Re 3

The median sale price of a home sold in the first half of 2019 in Spaulding fell by $19,400 while total sales decreased by 12.5%, according to BlockShopper.com.

From January through June of 2019, there were seven homes sold, with a median sale price of $115,000 - a 14.4% decrease over the $134,400 median sale price for the same period of the previous year. There were eight homes sold in Spaulding in the first half of 2018.

The median sales tax in Spaulding for the most recent year with available data, 2017, was $2,993, approximately 2.6% of the median home sale price for the first half of 2019.

The following table compares Spaulding to other Sangamon County cities with similar median sales prices in the first half of 2019:

City
Jan. - June 2019 Home Sales
Jan. - June 2018 Home Sales
% change (Total Home Sales)
Jan. - June 2019 Median Sales Price
Jan. - June 2018 Median Sales Price
% change (Median Sales Price)
Williamsville
16
10
60%
$189,500
$139,000
36.3%
Chatham
131
100
31%
$169,900
$160,400
5.9%
Sherman
29
40
-27.5%
$162,500
$162,000
0.3%
Rochester
51
36
41.7%
$142,500
$156,325
-8.8%
Pleasant Plains
13
21
-38.1%
$120,000
$91,500
31.1%
Spaulding
7
8
-12.5%
$115,000
$134,400
-14.4%
Auburn
34
38
-10.5%
$114,250
$117,500
-2.8%
Pawnee
41
24
70.8%
$109,500
$98,750
10.9%
Riverton
35
29
20.7%
$109,000
$110,000
-0.9%
Dawson
9
12
-25%
$95,000
$91,100
4.3%
New Berlin
9
16
-43.8%
$90,000
$131,000
-31.3%

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