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Monday, December 23, 2024

Cedarville home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Cedarville rose by $10,000 while total sales decreased by 60%, according to BlockShopper.com.

From July through September of 2017, there were two homes sold, with a median sale price of $87,500 - a 12.9% increase over the $77,500 median sale price for the same period of the previous year. There were five homes sold in Cedarville in the third quarter of 2016.

The median sales tax in Cedarville for the most recent year with available data, 2016, was $2,483.10, approximately 2.8% of the median home sale price for the third quarter of 2017.

The following table compares Cedarville to other Stephenson County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Winslow110%$225,000$101,500121.7%
Lake Summerset13128.3%$136,000$176,750-23.1%
Lena188125%$93,500$97,000-3.6%
Cedarville25-60%$87,500$77,50012.9%
Dakota42100%$87,000$71,00022.5%
Pearl City103233.3%$67,500$59,50013.4%
Freeport1109417%$66,875$55,45020.6%
Davis23-33.3%$63,500$68,500-7.3%
Rock City21100%$58,000$137,500-57.8%
Orangeville110%$55,000$92,150-40.3%
German Valley12-50%$39,900$63,572-37.2%

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