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Monday, September 23, 2024

Bement home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Bement rose by $5,250 while total sales decreased by 45.5%, according to BlockShopper.com.

From April through June of 2019, there were six homes sold, with a median sale price of $76,750 - a 7.3% increase over the $71,500 median sale price for the same period of the previous year. There were 11 homes sold in Bement in the second quarter of 2018.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,817, approximately 2.4% of the median home sale price for the second quarter of 2019.

The following table compares Bement 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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