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Saturday, November 23, 2024

Bement home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Bement fell by $8,750 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In June 2017, there were four homes sold, with a median sale price of $63,000 - a 12.2% decrease over the $71,750 median sale price for the same period of the previous year. There were four homes sold in Bement in June 2016, as well.

The median sales tax in Bement for 2017 was $1,816.66. In 2016, the median sales tax was $1,739.30. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Bement to other Piatt County cities in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Monticello14137.7%$169,500$125,00035.6%
Cerro Gordo16-83.3%$96,000$86,00011.6%
LaPlace10-$90,000$0-
Bement440%$63,000$71,750-12.2%
Atwood110%$41,900$54,000-22.4%
Cisco12-50%$17,000$49,100-65.4%
Hammond10-$16,000$0-
De Land02-100%$0$65,000-100%
White Heath00-$0$0-
Mansfield00-$0$0-

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