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Chambana Sun

Tuesday, November 26, 2024

Elliott home prices rise in 2018

Realestate2

The median sale price of a home sold in 2018 in Elliott rose by $39,956 while total sales increased by 100%, according to BlockShopper.com.

From January through December of 2018, there were eight homes sold, with a median sale price of $71,050 - a 128.5% increase over the $31,094 median sale price for the previous year. There were four homes sold in Elliott in 2017.

The median sales tax in Elliott for the most recent year with available data, 2016, was $1,345, approximately 1.9% of the median home sale price for 2018.

The following table compares Elliott to other Ford County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Gibson City744372.1%$90,000$122,500-26.5%
Paxton8597-12.4%$81,000$68,00019.1%
Piper City1316-18.8%$80,000$33,000142.4%
Elliott84100%$71,050$31,094128.5%
Sibley94125%$45,000$36,50023.3%
Melvin173466.7%$39,900$46,000-13.3%
Roberts910-10%$38,700$28,50035.8%

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