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Sunday, June 22, 2025

Roanoke home prices fall in the fourth quarter of 2019

Webp re 8

The median sale price of a home sold in the fourth quarter of 2019 in Roanoke fell by $26,250 while total sales decreased by 11.1%, according to BlockShopper.com.

From October through December of 2019, there were eight homes sold, with a median sale price of $56,250 - a 31.8% decrease over the $82,500 median sale price for the same period of the previous year. There were nine homes sold in Roanoke in the fourth quarter of 2018.

The median sales tax in Roanoke for the most recent year with available data, 2018, was $2,530, approximately 4.5% of the median home sale price for the fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Goodfield440%$249,450$82,500202.4%
Germantown Hills880%$217,000$168,75028.6%
Metamora818-55.6%$168,000$139,00020.9%
Eureka16160%$147,800$138,0007.1%
El Paso161414.3%$77,500$115,000-32.6%
Minonk415-73.3%$70,000$67,0004.5%
Roanoke89-11.1%$56,250$82,500-31.8%
Benson41300%$52,500$160,000-67.2%
Spring Bay21100%$40,500$116,000-65.1%
Bay View Gardens20-$30,500$0-
Washburn35-40%$20,000$77,000-74%
Secor01-100%$0$45,500-100%
Congerville02-100%$0$130,000-100%

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