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Sunday, September 29, 2024

Germantown Hills home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Germantown Hills fell by $60,750 while total sales decreased by 14.3%, according to BlockShopper.com.

From July through September of 2018, there were six homes sold, with a median sale price of $164,250 - a 27% decrease over the $225,000 median sale price for the same period of the previous year. There were seven homes sold in Germantown Hills in the third quarter of 2017.

The median sales tax in Germantown Hills for the most recent year with available data, 2017, was $5,207.30, approximately 3.2% of the median home sale price for the third quarter of 2018.

The following table compares Germantown Hills to other Woodford County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Germantown Hills67-14.3%$164,250$225,000-27%
Metamora221915.8%$163,500$165,000-0.9%
Goodfield52150%$150,000$197,500-24.1%
Eureka241833.3%$129,000$144,500-10.7%
Congerville110%$115,000$320,000-64.1%
Roanoke811-27.3%$108,750$92,00018.2%
Spring Bay23-33.3%$103,000$123,000-16.3%
Secor21100%$101,500$73,00039%
Washburn48-50%$87,000$84,9502.4%
El Paso1012-16.7%$78,950$112,250-29.7%
Benson13-66.7%$71,000$54,00031.5%

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