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Sunday, November 24, 2024

Danville home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Danville rose by $11,500 while total sales decreased by 2.8%, according to BlockShopper.com.

In October 2017, there were 35 homes sold, with a median sale price of $46,000 - a 33.3% increase over the $34,500 median sale price for the same period of the previous year. There were 36 homes sold in Danville in October 2016.

The median sales tax in Danville for the most recent year with available data, 2016, was $954, approximately 2.1% of the median home sale price for October 2017.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Catlin5366.7%$105,000$80,00031.3%
Sidell21100%$84,250$18,000368.1%
Westville41300%$73,250$55,00033.2%
Oakwood41300%$54,000$27,000100%
Belgium21100%$47,000$25,00088%
Danville3536-2.8%$46,000$34,50033.3%
Hoopeston6520%$42,000$10,600296.2%
Fairmount10-$42,000$0-
Georgetown113266.7%$38,500$8,000381.3%
Tilton4333.3%$30,250$31,000-2.4%
Potomac20-$18,500$0-

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