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Tuesday, November 26, 2024

Gifford home prices rise in 2018

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The median sale price of a home sold in 2018 in Gifford rose by $14,175 while total sales decreased by 58.3%, according to BlockShopper.com.

From January through December of 2018, there were 15 homes sold, with a median sale price of $122,175 - a 13.1% increase over the $108,000 median sale price for the previous year. There were 36 homes sold in Gifford in 2017.

The median sales tax in Gifford for the most recent year with available data, 2017, was $2,790, approximately 2.3% of the median home sale price for 2018.

The following table compares Gifford 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)
Champaign1,2881,721-25.2%$149,500$138,9007.6%
Sidney1731-45.2%$142,500$127,50011.8%
Tolono6176-19.7%$138,000$136,0001.5%
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%

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