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Saturday, September 28, 2024

Amboy home prices rise in the first quarter of 2018

Realestate4

The median sale price of a home sold in the first quarter of 2018 in Amboy rose by $139,750 while total sales decreased by 42.9%, according to BlockShopper.com.

From January through March of 2018, there were four homes sold, with a median sale price of $194,750 - a 254.1% increase over the $55,000 median sale price for the same period of the previous year. There were seven homes sold in Amboy in the first quarter of 2017.

The median sales tax in Amboy for the most recent year with available data, 2017, was $1,945.20, approximately 1% of the median home sale price for the first quarter of 2018.

The following table compares Amboy to other Lee County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Lee110%$319,000$58,000450%
Amboy47-42.9%$194,750$55,000254.1%
Palmyra6450%$186,750$141,50032%
Dixon3646-21.7%$74,300$76,500-2.9%
Paw Paw14-75%$68,000$56,61220.1%
Nachusa110%$63,500$327,000-80.6%
Sublette21100%$58,125$33,00076.1%
Ashton6450%$56,500$70,000-19.3%
Steward12-50%$10,500$151,200-93.1%
Compton00-$0$0-
Harmon01-100%$0$400,000-100%
Nelson00-$0$0-
Franklin Grove01-100%$0$66,000-100%
West Brooklyn02-100%$0$27,125-100%

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