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Saturday, November 23, 2024

Sadorus 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 Sadorus rose by $33,050 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

From January through June of 2017, there were six homes sold, with a median sale price of $81,000 - a 68.9% increase over the $47,950 median sale price for the same period of the previous year. There were six homes sold in Sadorus in the first half of 2016, as well.

The median sales tax in Sadorus for 2017 was $1,844. In 2016, the median sales tax was $1,867. 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 2.3%.

The following table compares Sadorus 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)
Sidney1722-22.7%$106,000$124,000-14.5%
Gifford191090%$100,619$142,500-29.4%
Ogden1016-37.5%$100,500$92,0009.2%
Royal23-33.3%$85,750$165,000-48%
Homer18180%$85,000$94,750-10.3%
Sadorus660%$81,000$47,95068.9%
Thomasboro209122.2%$70,700$85,000-16.8%
Broadlands4333.3%$64,000$113,000-43.4%
Rantoul12210911.9%$60,000$49,90020.2%
Ivesdale42100%$49,000$58,500-16.2%
Ludlow51400%$28,000$72,000-61.1%

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