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Chambana Sun

Wednesday, November 27, 2024

Homer home prices rise in 2018

Realestate2

The median sale price of a home sold in 2018 in Homer rose by $10,000 while total sales decreased by 24.4%, according to BlockShopper.com.

From January through December of 2018, there were 31 homes sold, with a median sale price of $98,000 - a 11.4% increase over the $88,000 median sale price for the previous year. There were 41 homes sold in Homer in 2017.

The median sales tax in Homer for the most recent year with available data, 2017, was $2,041, approximately 2.1% of the median home sale price for 2018.

The following table compares Homer to other Champaign County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Urbana561751-25.3%$127,500$116,0009.9%
Fisher3462-45.2%$127,500$117,7508.3%
Gifford1536-58.3%$122,175$108,00013.1%
Royal73133.3%$118,000$89,00032.6%
Pesotum13130%$110,000$143,000-23.1%
Homer3141-24.4%$98,000$88,00011.4%
Thomasboro1835-48.6%$95,950$71,50034.2%
Ogden1319-31.6%$95,000$85,00011.8%
Bondville410-60%$88,250$132,500-33.4%
Ivesdale45-20%$88,000$82,0007.3%
Rantoul160241-33.6%$71,250$63,90011.5%

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