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Chambana Sun

Wednesday, November 27, 2024

Dewey home prices fall in 2018

Realestate4

The median sale price of a home sold in 2018 in Dewey fell by $51,600 while total sales decreased by 72.2%, according to BlockShopper.com.

From January through December of 2018, there were five homes sold, with a median sale price of $164,900 - a 23.8% decrease over the $216,500 median sale price for the previous year. There were 18 homes sold in Dewey in 2017.

The median sales tax in Dewey for the most recent year with available data, 2017, was $4,014, approximately 2.4% of the median home sale price for 2018.

The following table compares Dewey 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)
Savoy141196-28.1%$238,000$211,25012.7%
Mahomet207304-31.9%$227,500$215,0005.8%
Lake of the Woods3436-5.6%$189,250$188,7500.3%
Philo2331-25.8%$168,500$128,50031.1%
St. Joseph78110-29.1%$165,000$154,5006.8%
Dewey518-72.2%$164,900$216,500-23.8%
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%

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