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Tuesday, November 26, 2024

Allerton (Vermilion County) home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Allerton in Vermilion County fell by $77,850 while total sales increased by 50%, according to BlockShopper.com.

From July through December of 2018, there were three homes sold, with a median sale price of $34,900 - a 69% decrease over the $112,750 median sale price for the same period of the previous year. There were two homes sold in Allerton in the second half of 2017.

The median sales tax in Allerton for the most recent year with available data, 2016, was $824, approximately 2.4% of the median home sale price for the second half of 2018.

The following table compares Allerton to other Vermilion County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Westville3236-11.1%$58,000$60,500-4.1%
Tilton922-59.1%$57,400$46,60023.2%
Henning12-50%$43,000$67,500-36.3%
Hoopeston473823.7%$40,880$47,000-13%
Danville2532319.5%$38,500$42,000-8.3%
Allerton3250%$34,900$112,750-69%
Rankin39-66.7%$34,000$16,000112.5%
Rossville12933.3%$30,500$90,000-66.1%
Potomac9650%$30,000$29,5001.7%
Sidell550%$29,000$68,500-57.7%
Georgetown1737-54.1%$27,000$46,500-41.9%
* This story only considers sales data for the part of Allerton that is in Vermilion County.

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