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Friday, April 19, 2024

Gifford home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Gifford fell by $9,000 while total sales decreased by 75%, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $128,500 - a 6.5% decrease over the $137,500 median sale price for the same period of the previous year. There were eight homes sold in Gifford in the second half of 2018.

The median sales tax in Gifford for the most recent year with available data, 2018, was $2,808, approximately 2.2% of the median home sale price for the second half of 2019.

The following table compares Gifford to other Champaign County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Savoy178-98.7%$333,350$246,50035.2%
Mahomet4128-96.9%$189,750$223,900-15.3%
Urbana11308-96.4%$185,000$122,27551.3%
Champaign25690-96.4%$158,500$147,4507.5%
Gifford28-75%$128,500$137,500-6.5%
Rantoul297-97.9%$93,250$68,50036.1%
Ivesdale03-100%$0$87,000-100%
Penfield02-100%$0$41,500-100%
Philo015-100%$0$175,750-100%
Bondville01-100%$0$175,000-100%
Fisher019-100%$0$140,000-100%
Tolono034-100%$0$125,750-100%
Glover01-100%$0$220,000-100%
Seymour00-$0$0-
Homer016-100%$0$58,000-100%
Thomasboro05-100%$0$97,000-100%
Lake of the Woods021-100%$0$187,200-100%
Royal04-100%$0$146,300-100%
Dewey02-100%$0$228,750-100%
Broadlands03-100%$0$54,100-100%
Sidney08-100%$0$120,350-100%
Foosland03-100%$0$69,000-100%
Ogden06-100%$0$83,500-100%
St. Joseph042-100%$0$164,500-100%
Sadorus01-100%$0$17,500-100%
Pesotum06-100%$0$131,500-100%
Ludlow04-100%$0$11,500-100%

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