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Monday, September 30, 2024

St. Joseph home prices rise in October 2018

Re 9

The median sale price of a home sold in October 2018 in St. Joseph rose by $15,500 while total sales increased by 11.1%, according to BlockShopper.com.

In October 2018, there were 10 homes sold, with a median sale price of $169,000 - a 10.1% increase over the $153,500 median sale price for the same period of the previous year. There were nine homes sold in St. Joseph in October 2017.

The median sales tax in St. Joseph for the most recent year with available data, 2017, was $3,349, approximately 2% of the median home sale price for October 2018.

The following table compares St. Joseph to other Champaign County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Mahomet1924-20.8%$295,000$181,00063%
Savoy14140%$271,000$195,22538.8%
Philo220%$236,250$150,75056.7%
St. Joseph10911.1%$169,000$153,50010.1%
Royal110%$154,500$107,25044.1%
Fisher5366.7%$146,300$218,000-32.9%
Champaign1141094.6%$141,000$122,00015.6%
Urbana4761-23%$128,000$122,0004.9%
Gifford12-50%$125,000$30,600308.5%
Tolono56-16.7%$102,000$171,250-40.4%
Thomasboro110%$93,000$11,000745.5%

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