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Monday, November 25, 2024

Roanoke home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Roanoke rose by $16,000 while total sales decreased by 50%, according to BlockShopper.com.

In July 2018, there were two homes sold, with a median sale price of $106,000 - a 17.8% increase over the $90,000 median sale price for the same period of the previous year. There were four homes sold in Roanoke in July 2017.

The median sales tax in Roanoke for the most recent year with available data, 2017, was $2,531, approximately 2.4% of the median home sale price for July 2018.

The following table compares Roanoke to other Woodford County cities in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Germantown Hills3250%$218,000$248,250-12.2%
Goodfield10-$167,000$0-
Eureka125140%$144,000$141,5001.8%
Metamora45-20%$135,750$122,50010.8%
Roanoke24-50%$106,000$90,00017.8%
El Paso47-42.9%$90,950$107,000-15%
Minonk25-60%$90,250$120,500-25.1%
Washburn110%$87,000$74,50016.8%
Benson12-50%$71,000$42,00069%
Bay View Gardens10-$40,000$0-
Secor00-$0$0-
Spring Bay00-$0$0-
Congerville01-100%$0$320,000-100%

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