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Peoria Standard

Thursday, November 28, 2024

Rome home prices fall in October 2018

Re 12

The median sale price of a home sold in October 2018 in Rome fell by $109,750 while total sales increased by 100%, according to BlockShopper.com.

In October 2018, there were four homes sold, with a median sale price of $83,500 - a 56.8% decrease over the $193,250 median sale price for the same period of the previous year. There were two homes sold in Rome in October 2017.

The median sales tax in Rome for the most recent year with available data, 2017, was $2,192, approximately 2.6% of the median home sale price for October 2018.

The following table compares Rome to other Peoria County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Hanna City6450%$134,500$69,25094.2%
Chillicothe14137.7%$125,000$109,00014.7%
Peoria24918137.6%$102,500$116,000-11.6%
Elmwood5366.7%$96,500$104,500-7.7%
Peoria Heights1317-23.5%$91,000$82,9009.8%
Rome42100%$83,500$193,250-56.8%
Brimfield20-$72,500$0-
Glasford40-$63,950$0-
West Peoria89-11.1%$60,700$51,00019%
Bartonville89-11.1%$51,000$80,000-36.3%
Princeville61500%$48,500$24,000102.1%

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