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Friday, April 26, 2024

LaPlace home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in LaPlace fell by $59,041 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2018, there were four homes sold, with a median sale price of $25,960 - a 69.5% decrease over the $85,000 median sale price for the same period of the previous year. There were two homes sold in LaPlace in the first half of 2017.

The median sales tax in LaPlace for the most recent year with available data, 2017, was $1,106, approximately 4.3% of the median home sale price for the first half of 2018.

The following table compares LaPlace 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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