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Saturday, November 23, 2024

Roanoke home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Roanoke fell by $25,200 while total sales decreased by 66.7%, according to BlockShopper.com.

In August 2018, there were two homes sold, with a median sale price of $81,250 - a 23.7% decrease over the $106,450 median sale price for the same period of the previous year. There were six homes sold in Roanoke in August 2017.

The median sales tax in Roanoke for the most recent year with available data, 2017, was $2,531, approximately 3.1% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Metamora711-36.4%$150,000$165,000-9.1%
Eureka10666.7%$117,500$143,125-17.9%
Bay View Gardens10-$100,000$0-
Goodfield31200%$92,500$150,000-38.3%
Washburn3250%$87,000$83,5004.2%
Roanoke26-66.7%$81,250$106,450-23.7%
Minonk5366.7%$78,500$65,00020.8%
El Paso23-33.3%$73,500$120,000-38.8%
Secor10-$31,000$0-
Benson01-100%$0$98,500-100%
Spring Bay00-$0$0-
Congerville00-$0$0-
Germantown Hills01-100%$0$387,000-100%

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