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Friday, June 20, 2025

Home prices decreased in Ridge Farm during 2021

Webp re 14

The median sale price of a home sold in 2021 in Ridge Farm fell by $3,500 while total sales decreased by 18.2%, according to BlockShopper.com.

From January through December of 2021, there were nine homes sold, with a median sale price of $38,000 - a 8.4% decrease over the $41,500 median sale price for the previous year. There were 11 homes sold in Ridge Farm in 2020.

The median sales tax in Ridge Farm for the most recent year with available data, 2019, was $1,116, approximately 2.9% of the median home sale price for 2021.

The following table compares Ridge Farm to other Vermilion County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Tilton544228.6%$56,750$44,00029%
Olivet123300%$51,950$42,00023.7%
Rossville322814.3%$50,000$52,400-4.6%
Rankin171421.4%$50,000$19,500156.4%
Georgetown583852.6%$50,000$37,750.5032.4%
Belgium84100%$48,000$33,50043.3%
Hoopeston100928.7%$46,000$42,0009.5%
Fairmount10911.1%$45,000$44,0002.3%
Ridge Farm911-18.2%$38,000$41,500-8.4%
Allerton7540%$30,001$84,900-64.7%
Sidell46-33.3%$9,537.50$88,000-89.2%

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