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Wednesday, November 27, 2024

Henning home prices fall in 2018

Realestate4

The median sale price of a home sold in 2018 in Henning fell by $5,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through December of 2018, there were two homes sold, with a median sale price of $46,500 - a 9.7% decrease over the $51,500 median sale price for the previous year. There were four homes sold in Henning in 2017.

The median sales tax in Henning for the most recent year with available data, 2016, was $939, approximately 2% of the median home sale price for 2018.

The following table compares Henning to other Vermilion 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)
Allerton6450%$65,500$65,5000%
Westville59565.4%$65,000$56,85014.3%
Ridge Farm10100%$60,500$22,500168.9%
Bismarck79-22.2%$57,000$95,000-40%
Belgium6450%$51,000$31,00064.5%
Henning24-50%$46,500$51,500-9.7%
Hoopeston1057736.4%$44,500$42,0006%
Rossville242114.3%$42,500$54,000-21.3%
Tilton3439-12.8%$42,000$40,0005%
Georgetown3461-44.3%$40,500$44,000-8%
Rankin411-63.6%$32,750$16,000104.7%

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