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Wednesday, November 27, 2024

Bement home prices rise in 2018

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The median sale price of a home sold in 2018 in Bement rose by $14,000 while total sales decreased by 11.4%, according to BlockShopper.com.

From January through December of 2018, there were 31 homes sold, with a median sale price of $71,500 - a 24.3% increase over the $57,500 median sale price for the previous year. There were 35 homes sold in Bement in 2017.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,817, approximately 2.5% of the median home sale price for 2018.

The following table compares Bement to other Piatt County cities 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)
Monticello137157-12.7%$146,000$150,000-2.7%
White Heath6450%$107,250$85,75025.1%
Cisco47-42.9%$100,750$45,000123.9%
Mansfield1419-26.3%$95,287.50$120,000-20.6%
Hammond13862.5%$81,000$21,000285.7%
Bement3135-11.4%$71,500$57,50024.3%
Cerro Gordo2526-3.8%$65,000$72,250-10%
De Land1112-8.3%$60,000$68,500-12.4%
Atwood211450%$51,500$60,000-14.2%
LaPlace57-28.6%$20,000$77,500-74.2%

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