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Monday, September 23, 2024

De Land home prices fall in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in De Land fell by $11,500 while total sales increased by 100%, according to BlockShopper.com.

From April through June of 2019, there were four homes sold, with a median sale price of $73,500 - a 13.5% decrease over the $85,000 median sale price for the same period of the previous year. There were two homes sold in De Land in the second quarter of 2018.

The median sales tax in De Land for the most recent year with available data, 2017, was $1,305, approximately 1.8% of the median home sale price for the second quarter of 2019.

The following table compares De Land to other Piatt County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Monticello3651-29.4%$153,750$139,00010.6%
Mansfield36-50%$137,000$112,00022.3%
Atwood35-40%$91,000$47,00093.6%
Bement611-45.5%$76,750$71,5007.3%
De Land42100%$73,500$85,000-13.5%
Cerro Gordo125140%$67,500$86,000-21.5%
Hammond15-80%$57,000$91,000-37.4%
LaPlace23-33.3%$15,500$20,000-22.5%
Cisco110%$9,000$9,0000%
White Heath01-100%$0$106,500-100%

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