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Saturday, September 28, 2024

Dixon home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Dixon fell by $2,200 while total sales decreased by 21.7%, according to BlockShopper.com.

From January through March of 2018, there were 36 homes sold, with a median sale price of $74,300 - a 2.9% decrease over the $76,500 median sale price for the same period of the previous year. There were 46 homes sold in Dixon in the first quarter of 2017.

The median sales tax in Dixon for the most recent year with available data, 2017, was $1,987.30, approximately 2.7% of the median home sale price for the first quarter of 2018.

The following table compares Dixon 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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