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Sunday, November 24, 2024

St. Joseph home prices rise in October 2017

Re 10

The median sale price of a home sold in October 2017 in St. Joseph rose by $1,500 while total sales decreased by 30.8%, according to BlockShopper.com.

In October 2017, there were nine homes sold, with a median sale price of $153,500 - a 1% increase over the $152,000 median sale price for the same period of the previous year. There were 13 homes sold in St. Joseph in October 2016.

The median sales tax in St. Joseph for 2017 was $3,349. In 2016, the median sales tax was $3,269. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares St. Joseph to other Champaign 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)
Sadorus21100%$187,750$115,00063.3%
Mahomet24240%$181,000$208,950-13.4%
Lake of the Woods330%$177,500$172,0003.2%
Tolono63100%$171,250$67,000155.6%
Bondville110%$161,000$140,00015%
St. Joseph913-30.8%$153,500$152,0001%
Philo25-60%$150,750$131,00015.1%
Pesotum12-50%$130,000$80,75061%
Sidney23-33.3%$122,500$115,0006.5%
Urbana613860.5%$122,000$103,50017.9%
Champaign109119-8.4%$122,000$142,500-14.4%

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