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Saturday, November 23, 2024

Sidney home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Sidney rose by $40,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In June 2017, there were five homes sold, with a median sale price of $135,000 - a 42.1% increase over the $95,000 median sale price for the same period of the previous year. There were seven homes sold in Sidney in June 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 1.9%.

The following table compares Sidney to other Champaign 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)
Broadlands110%$187,500$155,00021%
Tolono124200%$183,500$191,250-4.1%
Bondville31200%$160,000$75,000113.3%
St. Joseph13130%$153,000$158,250-3.3%
Champaign228229-0.4%$149,000$142,0004.9%
Sidney57-28.6%$135,000$95,00042.1%
Gifford71600%$128,000$133,500-4.1%
Pesotum10-$125,800$0-
Fisher9650%$117,000$170,500-31.4%
Urbana8997-8.2%$115,000$125,000-8%
Sadorus12-50%$97,000$47,950102.3%

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