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Monday, December 23, 2024

Home prices in Vermilion County fell

Realestate4

The median sale price of a home sold in the second half of 2022 in Vermilion County fell by $1,000 while total sales decreased by 13%.

From July through December of 2022, there were 587 homes sold, with a median sale price of $69,000 - a 1.4% decrease from the $70,000 median sale price for the same period of the previous year. There were 675 homes sold in Vermilion County in the second half of 2021.

The median sales tax in Vermilion County for the most recent year with available data, 2021, was $1,101 approximately 1.6% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Vermilion County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$70000$70000$67500$67500$69000$69000

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