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Sunday, June 22, 2025

Bement home prices fall in the first half of 2018

Realestate2

The median sale price of a home sold in the first half of 2018 in Bement fell by $21,100 while total sales remained unchanged with 15 homes sold, according to BlockShopper.com.

From January through June of 2018, there were 15 homes sold, with a median sale price of $48,900 - a 30.1% decrease over the $70,000 median sale price for the same period of the previous year. There were 15 homes sold in Bement in the first half of 2017, as well.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,817, approximately 3.7% of the median home sale price for the first half of 2018.

The following table compares Bement to other Piatt County cities in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Monticello75715.6%$139,000$144,900-4.1%
Hammond105100%$86,000$16,000437.5%
White Heath220%$80,750$85,750-5.8%
Mansfield93200%$68,500$120,000-42.9%
De Land57-28.6%$66,000$70,000-5.7%
Cisco220%$62,250$47,00032.4%
Cerro Gordo131030%$61,250$87,950-30.4%
Bement15150%$48,900$70,000-30.1%
Atwood83166.7%$48,500$33,00047%
LaPlace42100%$25,959.50$85,000-69.5%

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