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Tuesday, June 25, 2024

Vermilion County home valuation prices rose in March compared to the same period in 2023

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In March, the median sale price of a home in Vermilion County rose by $83,750 from the same period in the previous year, while total sales decreased by 94.8%, according to BlockShopper.com.

Data shows that there were four homes sold in March, with a median sale price of $141,250 - a 145.7% increase over the $57,500 median sale price for the same period of the previous year. There were 77 homes sold in Vermilion County in March 2023.

For context, the median sales tax in Vermilion County, based on the latest available data from 2021, was $1,101, which stands at 0.8% of March's median home sale price.

The following histogram displays changes in median sales prices in Vermilion County from March 2023 to March 2024.

March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024$57,500$57,500$69,900$69,900$55,000$55,000$84,500$84,500$72,000$72,000$88,500$88,500$71,000$71,000$81,000$81,000$68,000$68,000$77,000$77,000$65,000$65,000$88,575$88,575$141,250$141,250

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