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Saturday, November 23, 2024

Bondville home prices rise in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Bondville rose by $40,500 while total sales increased by 200%, according to BlockShopper.com.

From April through June of 2017, there were six homes sold, with a median sale price of $140,000 - a 40.7% increase over the $99,500 median sale price for the same period of the previous year. There were two homes sold in Bondville in the second quarter of 2016.

The median sales tax in Bondville for 2017 was $2,018.24. In 2016, the median sales tax was $1,802.70. This marks an increase of 12%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Bondville to other Champaign County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Savoy7177-7.8%$207,900$219,500-5.3%
Mahomet9399-6.1%$206,900$220,000-6%
Lake of the Woods131030%$190,000$200,750-5.4%
Tolono312147.6%$153,900$150,0002.6%
St. Joseph2330-23.3%$148,500$160,000-7.2%
Bondville62200%$140,000$99,50040.7%
Champaign552560-1.4%$140,000$137,9501.5%
Sidney1017-41.2%$136,250$147,000-7.3%
Ogden713-46.2%$130,000$94,00038.3%
Pesotum14-75%$125,800$106,00018.7%
Fisher201717.6%$125,500$130,000-3.5%

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