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Saturday, November 23, 2024

Foosland home prices rise in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Foosland rose by $2,800 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2017, there were two homes sold, with a median sale price of $142,750 - a 2% increase over the $139,950 median sale price for the same period of the previous year. There were two homes sold in Foosland in the first half of 2016, as well.

The median sales tax in Foosland for 2017 was $1,263. In 2016, the median sales tax was $1,207. This marks an increase of 4.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.

The following table compares Foosland to other Champaign County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Lake of the Woods181612.5%$188,750$184,7502.2%
Savoy113127-11%$185,000$187,000-1.1%
St. Joseph4453-17%$153,750$155,000-0.8%
Bondville73133.3%$145,000$75,00093.3%
Tolono403611.1%$144,750$142,4501.6%
Foosland220%$142,750$139,9502%
Champaign854893-4.4%$137,200$133,5002.8%
Philo15147.1%$130,000$161,500-19.5%
Pesotum34-25%$125,800$106,00018.7%
Fisher352445.8%$117,000$129,389.50-9.6%
Urbana370378-2.1%$114,500$115,000-0.4%

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