From January through December of 2019, there were two homes sold, with a median sale price of $15,250 - a 53.4% decrease over the $32,750 median sale price for the previous year. There were four homes sold in Rankin in 2018.
The median sales tax in Rankin for the most recent year with available data, 2018, was $724, approximately 4.7% of the median home sale price for 2019.
The following table compares Rankin to other Vermilion County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tilton | 19 | 34 | -44.1% | $38,800 | $42,000 | -7.6% |
| Hoopeston | 49 | 105 | -53.3% | $36,000 | $44,500 | -19.1% |
| Danville | 363 | 472 | -23.1% | $35,000 | $32,742.50 | 6.9% |
| Sidell | 2 | 7 | -71.4% | $34,930.50 | $29,000 | 20.5% |
| Ridge Farm | 9 | 10 | -10% | $34,000 | $60,500 | -43.8% |
| Potomac | 8 | 11 | -27.3% | $30,775 | $32,000 | -3.8% |
| Oakwood | 7 | 9 | -22.2% | $25,550 | $86,000 | -70.3% |
| Bismarck | 3 | 7 | -57.1% | $20,000 | $57,000 | -64.9% |
| Rankin | 2 | 4 | -50% | $15,250 | $32,750 | -53.4% |
| Belgium | 4 | 6 | -33.3% | $15,000 | $51,000 | -70.6% |
| Allerton | 1 | 6 | -83.3% | $3,000 | $65,500 | -95.4% |
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