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Sangamon Sun

Wednesday, November 13, 2024

Sangamon County home prices fall in July 2024 compared to July 2023

Realestate5

In July, the median sale price of a home in Sangamon County fell by $500 from the same period in the previous year, while total sales increased by 26.1%, according to BlockShopper.com.

Data shows that there were 324 homes sold in July, with a median sale price of $146,500 - a 0.3% decrease from the $147,000 median sale price for the same period of the previous year. There were 257 homes sold in Sangamon County in July 2023.

For context, the median sales tax in Sangamon County, based on the latest available data from 2020, was $2,478, which stands at 1.7% of July's median home sale price.

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

July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024$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$151,000$151,000$146,500$146,500

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