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Peoria Standard

Tuesday, November 26, 2024

Roanoke home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Roanoke rose by $2,500 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From January through March of 2019, there were nine homes sold, with a median sale price of $57,000 - a 4.6% increase over the $54,500 median sale price for the same period of the previous year. There were nine homes sold in Roanoke in the first quarter of 2018, as well.

The median sales tax in Roanoke for the most recent year with available data, 2018, was $2,530, approximately 4.4% of the median home sale price for the first quarter of 2019.

The following table compares Roanoke to other Woodford County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Congerville10-$200,000$0-
Eureka421-81%$176,500$106,00066.5%
Metamora171241.7%$141,500$133,7505.8%
Germantown Hills58-37.5%$132,000$228,200-42.2%
El Paso5425%$117,000$91,20028.3%
Roanoke990%$57,000$54,5004.6%
Benson30-$50,000$0-
Spring Bay220%$50,000$38,50029.9%
Secor220%$49,593.50$24,250104.5%
Minonk8714.3%$48,500$112,000-56.7%
Washburn550%$36,000$75,000-52%
Goodfield01-100%$0$282,500-100%
Bay View Gardens00-$0$0-

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