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Saturday, November 23, 2024

Tilton home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Tilton fell by $50,500 while total sales increased by 16.7%, according to BlockShopper.com.

In June 2017, there were seven homes sold, with a median sale price of $25,000 - a 66.9% decrease over the $75,500 median sale price for the same period of the previous year. There were six homes sold in Tilton in June 2016.

The median sales tax in Tilton for the most recent year with available data, 2016, was $752, approximately 3% of the median home sale price for June 2017.

The following table compares Tilton 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)
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%
Fairmount110%$10,000$5,000100%

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