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Monday, December 23, 2024

Sadorus home prices rise 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 Sadorus rose by $5,125 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2017, there were four homes sold, with a median sale price of $51,538.50 - a 11% increase over the $46,413.50 median sale price for the same period of the previous year. There were two homes sold in Sadorus in the third quarter of 2016.

The median sales tax in Sadorus for 2017 was $1,844.23. In 2016, the median sales tax was $1,866.90. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Sadorus to other Champaign County cities with similar median sales prices 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)
Thomasboro12119.1%$108,750$85,00027.9%
Homer151225%$90,000$113,450-20.7%
Ogden880%$87,500$99,750-12.3%
Ivesdale15-80%$87,000$98,000-11.2%
Rantoul685523.6%$60,000$63,000-4.8%
Bondville21100%$52,000$108,000-51.9%
Sadorus42100%$51,538.50$46,413.5011%
Broadlands51400%$40,000$813,560-95.1%
Penfield220%$33,500$53,100-36.9%
Ludlow3250%$15,000$19,750-24.1%
Foosland30-$12,000$0-

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