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Saturday, November 23, 2024

Oakwood home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Oakwood rose by $7,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In June 2017, there were two homes sold, with a median sale price of $94,500 - a 8.9% increase over the $86,750 median sale price for the same period of the previous year. There were two homes sold in Oakwood in June 2016, as well.

The median sales tax in Oakwood for the most recent year with available data, 2016, was $1,204, approximately 1.3% of the median home sale price for June 2017.

The following table compares Oakwood to other Vermilion County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Catlin45-20%$99,500$76,00030.9%
Oakwood220%$94,500$86,7508.9%
Fithian10-$90,000$0-
Olivet20-$76,000$0-
Westville23-33.3%$58,500$68,000-14%
Sidell10-$53,500$0-
Danville3748-22.9%$51,000$53,250-4.2%
Hoopeston46-33.3%$42,000$44,750-6.1%
Henning10-$40,000$0-
Tilton7616.7%$25,000$75,500-66.9%
Rossville13-66.7%$20,500$38,000-46.1%

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