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Thursday, May 8, 2025

Tilton home prices fall in the first quarter of 2017

Realestate5

The median sale price of a home sold in the first quarter of 2017 in Tilton fell by $3,000 while total sales decreased by 28.6%, according to BlockShopper.com.

From January through March of 2017, there were five homes sold, with a median sale price of $50,000 - a 5.7% decrease over the $53,000 median sale price for the same period of the previous year. There were seven homes sold in Tilton in the first quarter of 2016.

The median sales tax in Tilton for the most recent year with available data, 2016, was $751.80, approximately 1.5% of the median home sale price for the first quarter of 2017.

The following table compares Tilton to other Vermilion County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Sidell12-50%$129,350$45,000187.4%
Fairmount23-33.3%$68,250$45,00051.7%
Fithian21100%$58,500$23,000154.3%
Potomac24-50%$54,000$33,64560.5%
Catlin27-71.4%$51,350$82,500-37.8%
Tilton57-28.6%$50,000$53,000-5.7%
Rankin10-$48,288.76$0-
Georgetown813-38.5%$47,500$65,000-26.9%
Westville1215-20%$43,500$50,000-13%
Rossville84100%$43,500$59,900-27.4%
Olivet220%$43,000$48,250-10.9%

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