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Saturday, November 23, 2024

Rantoul home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Rantoul fell by $39,685 while total sales decreased by 72.7%, according to BlockShopper.com.

In April 2018, there were six homes sold, with a median sale price of $36,565 - a 52% decrease over the $76,250 median sale price for the same period of the previous year. There were 22 homes sold in Rantoul in April 2017.

The median sales tax in Rantoul for the most recent year with available data, 2017, was $1,786, approximately 4.9% of the median home sale price for April 2018.

The following table compares Rantoul 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)
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%
Lake of the Woods16-83.3%$101,000$179,750-43.8%
Bondville13-66.7%$65,000$120,000-45.8%
Foosland10-$60,000$0-
Thomasboro220%$41,375$42,500-2.6%
Rantoul622-72.7%$36,565$76,250-52%

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