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Sunday, September 22, 2024

Mahomet home prices fall in June 2019

Re 9

The median sale price of a home sold in June 2019 in Mahomet fell by $41,550 while total sales decreased by 91.3%, according to BlockShopper.com.

In June 2019, there were two homes sold, with a median sale price of $217,450 - a 16% decrease over the $259,000 median sale price for the same period of the previous year. There were 23 homes sold in Mahomet in June 2018.

The median sales tax in Mahomet for the most recent year with available data, 2017, was $4,391, approximately 2% of the median home sale price for June 2019.

The following table compares Mahomet to other Champaign County cities in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Savoy118-94.4%$345,000$237,75045.1%
Mahomet223-91.3%$217,450$259,000-16%
Philo110%$130,000$150,000-13.3%
Urbana289-97.8%$127,700$147,900-13.7%
Sidney110%$110,000$189,900-42.1%
Champaign3184-98.4%$78,000$167,700-53.5%
Pesotum03-100%$0$119,000-100%
Ludlow01-100%$0$50,000-100%
Ivesdale00-$0$0-
Penfield01-100%$0$119,500-100%
Bondville00-$0$0-
Fisher02-100%$0$117,150-100%
Tolono06-100%$0$154,750-100%
Glover01-100%$0$259,900-100%
Seymour00-$0$0-
Homer06-100%$0$124,000-100%
Thomasboro01-100%$0$143,000-100%
Lake of the Woods02-100%$0$178,250-100%
Royal02-100%$0$64,000-100%
Dewey01-100%$0$143,000-100%
Broadlands01-100%$0$10,000-100%
Rantoul018-100%$0$68,500-100%
Foosland00-$0$0-
Gifford04-100%$0$96,500-100%
Ogden00-$0$0-
St. Joseph010-100%$0$152,950-100%
Sadorus00-$0$0-

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