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Saturday, April 26, 2025

Washburn home prices rise in the first half of 2017

Realestate4

The median sale price of a home sold in the first half of 2017 in Washburn rose by $9,250 while total sales decreased by 60%, according to BlockShopper.com.

From January through June of 2017, there were four homes sold, with a median sale price of $49,250 - a 23.1% increase over the $40,000 median sale price for the same period of the previous year. There were 10 homes sold in Washburn in the first half of 2016.

The median sales tax in Washburn for 2017 was $1,822. In 2016, the median sales tax was $1,808. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Washburn 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)
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%
Secor7475%$40,000$34,00017.6%

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