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Saturday, November 23, 2024

Sidney home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Sidney fell by $50,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In April 2017, there were two homes sold, with a median sale price of $124,500 - a 28.9% decrease over the $175,000 median sale price for the same period of the previous year. There were three homes sold in Sidney in April 2016.

The median sales tax in Sidney for 2017 was $2,541. In 2016, the median sales tax was $2,503. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Sidney to other Champaign County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Lake of the Woods63100%$179,750$260,000-30.9%
Tolono511-54.5%$155,500$139,90011.2%
Champaign141156-9.6%$137,400$136,7500.5%
Fisher57-28.6%$136,000$128,7795.6%
Dewey21100%$130,000$165,500-21.5%
Sidney23-33.3%$124,500$175,000-28.9%
Bondville30-$120,000$0-
St. Joseph37-57.1%$115,000$153,000-24.8%
Urbana69656.2%$107,000$111,000-3.6%
Ogden46-33.3%$100,500$80,95024.2%
Gifford42100%$93,750$82,734.5013.3%

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