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Peoria Standard

Monday, November 25, 2024

Roanoke home prices fall in October 2017

Realestate4

The median sale price of a home sold in October 2017 in Roanoke fell by $8,000 while total sales decreased by 60%, according to BlockShopper.com.

In October 2017, there were two homes sold, with a median sale price of $98,500 - a 7.5% decrease over the $106,500 median sale price for the same period of the previous year. There were five homes sold in Roanoke in October 2016.

The median sales tax in Roanoke for 2017 was $2,531. In 2016, the median sales tax was $2,436. This marks an increase of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Roanoke to other Woodford County cities in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Germantown Hills62200%$203,950$94,800115.1%
El Paso57-28.6%$131,200$50,800158.3%
Goodfield110%$130,000$120,0008.3%
Metamora8560%$104,000$126,000-17.5%
Roanoke25-60%$98,500$106,500-7.5%
Eureka770%$89,000$113,500-21.6%
Washburn27-71.4%$79,500$37,500112%
Minonk31200%$26,000$64,900-59.9%
Benson00-$0$0-
Bay View Gardens01-100%$0$46,500-100%
Secor00-$0$0-
Spring Bay00-$0$0-
Congerville01-100%$0$120,000-100%

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