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Tuesday, May 13, 2025

Ridge Farm home prices fall in 2019

Webp re 4

The median sale price of a home sold in 2019 in Ridge Farm fell by $26,500 while total sales decreased by 10%, according to BlockShopper.com.

From January through December of 2019, there were nine homes sold, with a median sale price of $34,000 - a 43.8% decrease over the $60,500 median sale price for the previous year. There were 10 homes sold in Ridge Farm in 2018.

The median sales tax in Ridge Farm for the most recent year with available data, 2018, was $1,067, approximately 3.1% of the median home sale price for 2019.

The following table compares Ridge Farm to other Vermilion County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Georgetown3334-2.9%$44,000$40,5008.6%
Tilton1934-44.1%$38,800$42,000-7.6%
Hoopeston49105-53.3%$36,000$44,500-19.1%
Danville363472-23.1%$35,000$32,742.506.9%
Sidell27-71.4%$34,930.50$29,00020.5%
Ridge Farm910-10%$34,000$60,500-43.8%
Potomac811-27.3%$30,775$32,000-3.8%
Oakwood79-22.2%$25,550$86,000-70.3%
Bismarck37-57.1%$20,000$57,000-64.9%
Rankin24-50%$15,250$32,750-53.4%
Belgium46-33.3%$15,000$51,000-70.6%

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