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Tuesday, November 26, 2024

Mansfield home prices fall in 2018

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The median sale price of a home sold in 2018 in Mansfield fell by $24,713 while total sales decreased by 26.3%, according to BlockShopper.com.

From January through December of 2018, there were 14 homes sold, with a median sale price of $95,288 - a 20.6% decrease over the $120,000 median sale price for the previous year. There were 19 homes sold in Mansfield in 2017.

The median sales tax in Mansfield for the most recent year with available data, 2017, was $2,114, approximately 2.2% of the median home sale price for 2018.

The following table compares Mansfield 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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