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Friday, November 22, 2024

Logan County median home valuation prices rose by 41% in February 2024 compared to February 2023

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Logan County Il Clerk And Recorder Theresa Moore (2023) | Logan County Illinois

Logan County Il Clerk And Recorder Theresa Moore (2023) | Logan County Illinois

In February, the median sale price of a home in Logan County rose by $32,000 from the same period in the previous year, while total sales increased by 70.8%, according to BlockShopper.com.

Data shows that there were 41 homes sold in February, with a median sale price of $110,000 - a 41% increase over the $78,000 median sale price for the same period of the previous year. There were 24 homes sold in Logan County in February 2023.

For context, the median sales tax in Logan County, based on the latest available data from 2021, was $1,983, which stands at 1.8% of February's median home sale price.

The following histogram displays changes in median sales prices in Logan County from February 2023 to February 2024.

February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024$78,000$78,000$115,000$115,000$109,000$109,000$99,500$99,500$99,000$99,000$90,450$90,450$89,000$89,000$108,000$108,000$111,750$111,750$101,750$101,750$85,000$85,000$91,200$91,200$110,000$110,000

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