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Sunday, November 24, 2024

Sidney home prices rise in October 2017

Realestate4

The median sale price of a home sold in October 2017 in Sidney rose by $7,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2017, there were two homes sold, with a median sale price of $122,500 - a 6.5% increase over the $115,000 median sale price for the same period of the previous year. There were three homes sold in Sidney in October 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 2.1%.

The following table compares Sidney 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)
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%
Royal110%$107,250$110,000-2.5%
Rantoul20195.3%$89,750$90,000-0.3%
Broadlands20-$63,000$0-

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