From January through June of 2017, there were four homes sold, with a median sale price of $39,000 - a 13% increase over the $34,500 median sale price for the same period of the previous year. There were eight homes sold in Ridge Farm in the first half of 2016.
The median sales tax in Ridge Farm for the most recent year with available data, 2016, was $1,126, approximately 2.9% of the median home sale price for the first half of 2017.
The following table compares Ridge Farm to other Vermilion County cities with similar median sales prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Westville | 20 | 23 | -13% | $51,850 | $60,000 | -13.6% |
| Henning | 2 | 1 | 100% | $51,500 | $11,000 | 368.2% |
| Rossville | 12 | 12 | 0% | $43,500 | $57,750 | -24.7% |
| Hoopeston | 39 | 38 | 2.6% | $40,000 | $43,750 | -8.6% |
| Danville | 201 | 206 | -2.4% | $39,900 | $42,750 | -6.7% |
| Ridge Farm | 4 | 8 | -50% | $39,000 | $34,500 | 13% |
| Rankin | 2 | 1 | 100% | $31,144.38 | $27,500 | 13.3% |
| Tilton | 17 | 19 | -10.5% | $29,500 | $52,500 | -43.8% |
| Olivet | 6 | 4 | 50% | $29,500 | $43,250 | -31.8% |
| Georgetown | 24 | 20 | 20% | $26,500 | $48,800 | -45.7% |
| Fairmount | 5 | 4 | 25% | $20,000 | $36,500 | -45.2% |
Alerts Sign-up