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Saturday, June 21, 2025

Washburn home prices rise in the first half of 2018

Realestate3

The median sale price of a home sold in the first half of 2018 in Washburn rose by $12,750 while total sales increased by 125%, according to BlockShopper.com.

From January through June of 2018, there were nine homes sold, with a median sale price of $62,000 - a 25.9% increase over the $49,250 median sale price for the same period of the previous year. There were four homes sold in Washburn in the first half of 2017.

The median sales tax in Washburn for the most recent year with available data, 2017, was $1,822, approximately 2.9% of the median home sale price for the first half of 2018.

The following table compares Washburn to other Woodford County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Metamora342630.8%$143,900$139,4003.2%
Eureka413132.3%$117,000$115,0001.7%
El Paso1727-37%$96,500$119,500-19.2%
Minonk1114-21.4%$89,000$97,450-8.7%
Benson42100%$83,000$77,0007.8%
Roanoke1721-19%$73,000$86,000-15.1%
Bay View Gardens10-$65,000$0-
Washburn94125%$62,000$49,25025.9%
Congerville25-60%$61,000$98,000-37.8%
Spring Bay25-60%$38,500$75,000-48.7%
Secor27-71.4%$24,250$40,000-39.4%

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