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Wednesday, December 25, 2024

De Land home prices fall in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in De Land fell by $24,655 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2017, there were three homes sold, with a median sale price of $28,000 - a 46.8% decrease over the $52,655 median sale price for the same period of the previous year. There were two homes sold in De Land in the third quarter of 2016.

The median sales tax in De Land for 2017 was $1,305.24. In 2016, the median sales tax was $1,257.90. This marks an increase of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.7%.

The following table compares De Land to other Piatt County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Monticello493828.9%$168,000$138,75021.1%
LaPlace10-$135,500$0-
Mansfield13785.7%$134,900$109,50023.2%
Cerro Gordo134225%$72,000$67,5006.7%
Atwood71600%$68,000$95,000-28.4%
Bement11757.1%$62,000$30,000106.7%
Cisco23-33.3%$42,300.50$54,000-21.7%
De Land3250%$28,000$52,655-46.8%
Hammond330%$26,000$62,000-58.1%
White Heath02-100%$0$142,000-100%

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