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Friday, July 4, 2025

Piper City home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Piper City rose by $41,250 while total sales increased by 250%, according to BlockShopper.com.

From January through March of 2017, there were seven homes sold, with a median sale price of $70,000 - a 143.5% increase over the $28,750 median sale price for the same period of the previous year. There were two homes sold in Piper City in the first quarter of 2016.

The median sales tax in Piper City for the most recent year with available data, 2016, was $1,268, approximately 1.8% of the median home sale price for the first quarter of 2017.

The following table compares Piper City to other Ford County cities in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Gibson City918-50%$122,500$58,500109.4%
Sibley10-$72,500$0-
Piper City72250%$70,000$28,750143.5%
Paxton191435.7%$65,900$46,95040.4%
Roberts220%$25,750$10,000157.5%
Melvin02-100%$0$76,250-100%
Elliott01-100%$0$120,000-100%

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