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Sunday, September 29, 2024

Danville home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Danville fell by $3,000 while total sales increased by 36.7%, according to BlockShopper.com.

In November 2018, there were 41 homes sold, with a median sale price of $36,000 - a 7.7% decrease over the $39,000 median sale price for the same period of the previous year. There were 30 homes sold in Danville in November 2017.

The median sales tax in Danville for the most recent year with available data, 2016, was $954, approximately 2.6% of the median home sale price for November 2018.

The following table compares Danville to other Vermilion County cities in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Ridge Farm110%$61,000$6,001916.5%
Westville26-66.7%$52,500$43,00022.1%
Tilton23-33.3%$49,500$75,000-34%
Georgetown21100%$48,500$63,000-23%
Hoopeston89-11.1%$38,500$49,500-22.2%
Danville413036.7%$36,000$39,000-7.7%
Rankin10-$31,500$0-
Catlin02-100%$0$82,000-100%
Belgium01-100%$0$37,000-100%
Rossville03-100%$0$90,000-100%
Sidell00-$0$0-
Fithian01-100%$0$110,000-100%
Bismarck01-100%$0$95,000-100%
Potomac01-100%$0$95,000-100%
Fairmount02-100%$0$17,500-100%
Allerton01-100%$0$8,500-100%
Oakwood01-100%$0$13,500-100%
Olivet00-$0$0-
Henning00-$0$0-

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