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Monday, September 30, 2024

Bement home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Bement rose by $49,800 while total sales decreased by 16.7%, according to BlockShopper.com.

In October 2018, there were five homes sold, with a median sale price of $106,000 - a 88.6% increase over the $56,200 median sale price for the same period of the previous year. There were six homes sold in Bement in October 2017.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,816.70, approximately 1.7% of the median home sale price for October 2018.

The following table compares Bement to other Piatt County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Monticello818-55.6%$128,500$163,250-21.3%
Mansfield10-$115,000$0-
Atwood20-$108,050$0-
Bement56-16.7%$106,000$56,20088.6%
Cisco110%$86,000$38,500123.4%
Hammond10-$71,750$0-
Cerro Gordo10-$60,000$0-
De Land110%$60,000$67,000-10.4%
LaPlace00-$0$0-
White Heath00-$0$0-

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