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Saturday, April 26, 2025

Germantown Hills home prices rise in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Germantown Hills rose by $38,950 while total sales decreased by 25%, according to BlockShopper.com.

From January through June of 2017, there were 15 homes sold, with a median sale price of $209,900 - a 22.8% increase over the $170,950 median sale price for the same period of the previous year. There were 20 homes sold in Germantown Hills in the first half of 2016.

The median sales tax in Germantown Hills for 2017 was $5,207. In 2016, the median sales tax was $5,313. This marks an decrease of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Germantown Hills to other Woodford County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Germantown Hills1520-25%$209,900$170,95022.8%
Goodfield6450%$195,500$133,25046.7%
Metamora2634-23.5%$139,400$155,000-10.1%
El Paso272317.4%$119,500$97,50022.6%
Eureka3132-3.1%$115,000$142,500-19.3%
Congerville550%$98,000$160,000-38.8%
Minonk141127.3%$97,450$78,00024.9%
Roanoke21210%$86,000$100,000-14%
Benson27-71.4%$77,000$52,50046.7%
Spring Bay550%$75,000$38,25596.1%
Washburn410-60%$49,250$40,00023.1%

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