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Sangamon Sun

Wednesday, November 13, 2024

Home prices in Sangamon County during May 2024 increased compared to the same period in 2023

Realestate1

In May, the median sale price of a home in Sangamon County rose by $28,500 from the same period in the previous year, while total sales decreased by 9.8%, according to BlockShopper.com.

Data shows that there were 275 homes sold in May, with a median sale price of $155,000 - a 22.5% increase over the $126,500 median sale price for the same period of the previous year. There were 305 homes sold in Sangamon County in May 2023.

For context, the median sales tax in Sangamon County, based on the latest available data from 2020, was $2,478, which stands at 1.6% of May's median home sale price.

The following histogram displays changes in median sales prices in Sangamon County from May 2023 to May 2024.

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$126,500$126,500$140,000$140,000$147,000$147,000$140,000$140,000$139,250$139,250$131,500$131,500$140,000$140,000$137,000$137,000$130,000$130,000$120,000$120,000$127,000$127,000$147,500$147,500$155,000$155,000

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