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Wednesday, July 30, 2025

Broadlands home prices fall in 2017

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The median sale price of a home sold in 2017 in Broadlands fell by $74,000 while total sales increased by 175%, according to BlockShopper.com.

From January through December of 2017, there were 11 homes sold, with a median sale price of $60,000 - a 55.2% decrease over the $134,000 median sale price for the previous year. There were four homes sold in Broadlands in 2016.

The median sales tax in Broadlands for 2017 was $1,638. In 2016, the median sales tax was $1,643. This marks an decrease of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Broadlands to other Champaign County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Sadorus131030%$97,000$59,75062.3%
Royal310-70%$89,000$116,000-23.3%
Homer413420.6%$88,000$107,887.50-18.4%
Ogden1930-36.7%$85,000$97,750-13%
Ivesdale58-37.5%$82,000$91,500-10.4%
Thomasboro352729.6%$71,500$79,900-10.5%
Rantoul2412238.1%$63,900$56,90012.3%
Broadlands114175%$60,000$134,000-55.2%
Ludlow10666.7%$26,500$8,500211.8%
Penfield990%$25,000$66,000-62.1%
Foosland62200%$21,500$139,950-84.6%

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