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Thursday, April 3, 2025

Sidney home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Sidney rose by $19,500 while total sales decreased by 57.1%, according to BlockShopper.com.

In May 2017, there were three homes sold, with a median sale price of $168,500 - a 13.1% increase over the $149,000 median sale price for the same period of the previous year. There were seven homes sold in Sidney in May 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 1.5%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Seymour110%$380,000$107,000255.1%
Dewey12-50%$261,000$179,50045.4%
Mahomet25238.7%$216,000$220,000-1.8%
Savoy251566.7%$197,900$202,000-2%
Lake of the Woods14-75%$190,000$174,5008.9%
Sidney37-57.1%$168,500$149,00013.1%
St. Joseph710-30%$148,500$166,500-10.8%
Fisher6450%$141,125$131,7507.1%
Champaign1831754.6%$134,900$132,0002.2%
Tolono146133.3%$133,450$169,800-21.4%
Urbana8385-2.4%$124,000$100,00024%

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