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Friday, April 26, 2024

Danville home prices fall in June 2017

Realestate2

The median sale price of a home sold in June 2017 in Danville fell by $2,250 while total sales decreased by 22.9%, according to BlockShopper.com.

In June 2017, there were 37 homes sold, with a median sale price of $51,000 - a 4.2% decrease over the $53,250 median sale price for the same period of the previous year. There were 48 homes sold in Danville in June 2016.

The median sales tax in Danville for the most recent year with available data, 2016, was $954, approximately 1.9% of the median home sale price for June 2017.

The following table compares Danville 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)
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%
Georgetown5366.7%$11,219$16,500-32%

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