Quantcast

Chambana Sun

Monday, September 30, 2024

Urbana home prices rise in October 2018

Realestate5

The median sale price of a home sold in October 2018 in Urbana rose by $6,000 while total sales decreased by 23%, according to BlockShopper.com.

In October 2018, there were 47 homes sold, with a median sale price of $128,000 - a 4.9% increase over the $122,000 median sale price for the same period of the previous year. There were 61 homes sold in Urbana in October 2017.

The median sales tax in Urbana for the most recent year with available data, 2017, was $3,258, approximately 2.5% of the median home sale price for October 2018.

The following table compares Urbana 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)
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%
Homer24-50%$88,500$38,500129.9%
Ogden20-$71,000$0-

MORE NEWS