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Saturday, November 23, 2024

Tolono home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Tolono rose by $79,500 while total sales decreased by 40%, according to BlockShopper.com.

In April 2018, there were three homes sold, with a median sale price of $235,000 - a 51.1% increase over the $155,500 median sale price for the same period of the previous year. There were five homes sold in Tolono in April 2017.

The median sales tax in Tolono for the most recent year with available data, 2017, was $2,854, approximately 1.2% of the median home sale price for April 2018.

The following table compares Tolono to other Champaign 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)
Mahomet725-72%$252,900$195,00029.7%
Savoy519-73.7%$240,500$215,00011.9%
Tolono35-40%$235,000$155,50051.1%
Sidney220%$216,000$124,50073.5%
Philo21100%$202,500$80,000153.1%
Gifford14-75%$195,000$93,750108%
Fisher15-80%$164,000$136,00020.6%
Urbana2569-63.8%$149,000$107,00039.3%
Ogden440%$127,000$100,50026.4%
St. Joseph5366.7%$126,000$115,0009.6%
Champaign57141-59.6%$125,000$137,400-9%

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