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Saturday, November 23, 2024

Metamora home prices rise in the third quarter of 2017

Realestate3

The median sale price of a home sold in the third quarter of 2017 in Metamora rose by $5,500 while total sales increased by 11.8%, according to BlockShopper.com.

From July through September of 2017, there were 19 homes sold, with a median sale price of $165,000 - a 3.4% increase over the $159,500 median sale price for the same period of the previous year. There were 17 homes sold in Metamora in the third quarter of 2016.

The median sales tax in Metamora for 2017 was $3,806.96. In 2016, the median sales tax was $3,858.50. This marks an decrease of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Metamora to other Woodford County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Congerville110%$320,000$105,000204.8%
Germantown Hills716-56.3%$225,000$181,25024.1%
Goodfield23-33.3%$197,500$132,00049.6%
Metamora191711.8%$165,000$159,5003.4%
Eureka18180%$144,500$133,0008.6%
Spring Bay34-25%$123,000$108,00013.9%
El Paso1217-29.4%$112,250$105,0006.9%
Roanoke111010%$92,000$92,200-0.2%
Washburn812-33.3%$84,950$62,00037%
Minonk1015-33.3%$74,000$74,0000%
Secor13-66.7%$73,000$94,000-22.3%

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