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Wednesday, November 27, 2024

Rantoul home prices rise in December 2018

Realestate1

The median sale price of a home sold in December 2018 in Rantoul rose by $15,500 while total sales decreased by 45%, according to BlockShopper.com.

In December 2018, there were 11 homes sold, with a median sale price of $80,000 - a 24% increase over the $64,500 median sale price for the same period of the previous year. There were 20 homes sold in Rantoul in December 2017.

The median sales tax in Rantoul for the most recent year with available data, 2017, was $1,786, approximately 2.2% of the median home sale price for December 2018.

The following table compares Rantoul to other Champaign County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Champaign8793-6.5%$148,500$140,0006.1%
Pesotum110%$143,000$47,000204.3%
St. Joseph517-70.6%$120,000$152,500-21.3%
Tolono72250%$116,500$134,250-13.2%
Lake of the Woods110%$115,000$255,000-54.9%
Urbana4251-17.6%$107,250$109,000-1.6%
Thomasboro10-$97,000$0-
Homer5425%$84,110$112,450-25.2%
Rantoul1120-45%$80,000$64,50024%
Ivesdale10-$43,000$0-
Ogden10-$16,500$0-

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