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Sunday, September 29, 2024

Washburn home prices rise 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 Washburn rose by $2,050 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2018, there were four homes sold, with a median sale price of $87,000 - a 2.4% increase over the $84,950 median sale price for the same period of the previous year. There were eight homes sold in Washburn in the third quarter of 2017.

The median sales tax in Washburn for the most recent year with available data, 2017, was $1,822.20, approximately 2.1% of the median home sale price for the third quarter of 2018.

The following table compares Washburn 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)
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%
Bay View Gardens20-$70,000$0-
Minonk10100%$55,500$74,000-25%

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