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Peoria Standard

Wednesday, April 24, 2024

Green Valley home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Green Valley rose by $67,300 while total sales decreased by 7.7%, according to BlockShopper.com.

From July through December of 2017, there were 12 homes sold, with a median sale price of $162,300 - a 70.8% increase over the $95,000 median sale price for the same period of the previous year. There were 13 homes sold in Green Valley in the second half of 2016.

The median sales tax in Green Valley for the most recent year with available data, 2016, was $2,402, approximately 1.5% of the median home sale price for the second half of 2017.

The following table compares Green Valley to other Tazewell County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Armington26-66.7%$272,500$38,500607.8%
Washington1931892.1%$170,000$185,000-8.1%
Morton138169-18.3%$168,250$170,000-1%
Green Valley1213-7.7%$162,300$95,00070.8%
Heritage Lake16156.7%$159,375$161,000-1%
Tremont2835-20%$156,750$156,0000.5%
Deer Creek10742.9%$144,950$50,000189.9%
Hopedale16156.7%$135,250$112,00020.8%
Mackinaw322152.4%$135,000$143,500-5.9%
Minier151225%$131,000$113,80015.1%
East Peoria215218-1.4%$124,000$118,0005.1%

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