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Thursday, May 8, 2025

Tilton home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Tilton fell by $10,000 while total sales increased by 40%, according to BlockShopper.com.

From January through March of 2018, there were seven homes sold, with a median sale price of $40,000 - a 20% decrease over the $50,000 median sale price for the same period of the previous year. There were five homes sold in Tilton in the first quarter of 2017.

The median sales tax in Tilton for the most recent year with available data, 2016, was $751.80, approximately 1.9% of the median home sale price for the first quarter of 2018.

The following table compares Tilton to other Vermilion County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Potomac12-50%$76,500$54,00041.7%
Allerton20-$69,500$0-
Westville12120%$67,500$43,50055.2%
Hoopeston301866.7%$57,000$40,85039.5%
Ridge Farm220%$50,000$42,50017.6%
Tilton7540%$40,000$50,000-20%
Georgetown68-25%$40,000$47,500-15.8%
Danville8283-1.2%$26,000$33,000-21.2%
Fithian220%$24,275$58,500-58.5%
Rossville58-37.5%$24,000$43,500-44.8%
Belgium110%$10,000$3,000233.3%

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