Quantcast

Chambana Sun

Saturday, June 7, 2025

Ogden home prices fall in the second half of 2017

Re 2

The median sale price of a home sold in the second half of 2017 in Ogden fell by $19,500 while total sales decreased by 35.7%, according to BlockShopper.com.

From July through December of 2017, there were nine homes sold, with a median sale price of $85,000 - a 18.7% decrease over the $104,500 median sale price for the same period of the previous year. There were 14 homes sold in Ogden in the second half of 2016.

The median sales tax in Ogden for 2017 was $2,603. In 2016, the median sales tax was $2,596. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Ogden to other Champaign County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Urbana38134410.8%$118,000$119,750-1.5%
Royal17-85.7%$107,250$92,50015.9%
Thomasboro1518-16.7%$105,000$78,95033%
Homer231643.8%$90,000$123,000-26.8%
Ivesdale16-83.3%$87,000$97,000-10.3%
Ogden914-35.7%$85,000$104,500-18.7%
Rantoul1191144.4%$64,000$70,500-9.2%
Bondville330%$52,000$112,000-53.6%
Broadlands71600%$40,000$813,560-95.1%
Penfield83166.7%$27,626.50$23,20019.1%
Ludlow550%$25,000$7,000257.1%

MORE NEWS