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Sunday, November 24, 2024

Elliott home prices fall in the second quarter of 2017

Realestate5

The median sale price of a home sold in the second quarter of 2017 in Elliott fell by $22,000 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2017, there were two homes sold, with a median sale price of $35,000 - a 38.6% decrease over the $57,000 median sale price for the same period of the previous year. There were four homes sold in Elliott in the second quarter of 2016.

The median sales tax in Elliott for the most recent year with available data, 2016, was $1,345, approximately 3.8% of the median home sale price for the second quarter of 2017.

The following table compares Elliott to other Ford County cities in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Gibson City1126-57.7%$120,000$109,5009.6%
Melvin15-80%$112,000$26,000330.8%
Paxton1924-20.8%$92,500$57,95059.6%
Piper City330%$41,500$10,000315%
Sibley21100%$35,050$25,00040.2%
Elliott24-50%$35,000$57,000-38.6%
Roberts62200%$28,500$27,7502.7%

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