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Saturday, November 23, 2024

Danville home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Danville fell by $4,250 while total sales increased by 34.2%, according to BlockShopper.com.

In April 2018, there were 51 homes sold, with a median sale price of $23,750 - a 15.2% decrease over the $28,000 median sale price for the same period of the previous year. There were 38 homes sold in Danville in April 2017.

The median sales tax in Danville for the most recent year with available data, 2016, was $954, approximately 4% of the median home sale price for April 2018.

The following table compares Danville to other Vermilion County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Hoopeston49-55.6%$65,500$26,000151.9%
Westville23-33.3%$58,250$75,000-22.3%
Bismarck50-$57,000$0-
Rossville21100%$49,550$133,500-62.9%
Georgetown3250%$44,000$49,450-11%
Ridge Farm12-50%$39,000$27,50041.8%
Tilton5366.7%$35,500$40,000-11.3%
Fithian10-$32,000$0-
Sidell20-$27,500$0-
Danville513834.2%$23,750$28,000-15.2%
Olivet110%$10,000$10,0000%

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