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Monday, November 25, 2024

Palmyra home prices rise in February 2018

Realestate4

The median sale price of a home sold in February 2018 in Palmyra rose by $228,400 while total sales increased by 50%, according to BlockShopper.com.

In February 2018, there were three homes sold, with a median sale price of $369,900 - a 161.4% increase over the $141,500 median sale price for the same period of the previous year. There were two homes sold in Palmyra in February 2017.

The median sales tax in Palmyra for the most recent year with available data, 2017, was $3,700, approximately 1% of the median home sale price for February 2018.

The following table compares Palmyra to other Lee County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Palmyra3250%$369,900$141,500161.4%
Lee10-$319,000$0-
Paw Paw10-$68,000$0-
Dixon15150%$66,000$99,500-33.7%
Sublette10-$65,000$0-
Amboy220%$56,625$32,37574.9%
Ashton21100%$30,375$133,000-77.2%
Franklin Grove01-100%$0$66,000-100%
West Brooklyn01-100%$0$26,500-100%
Compton00-$0$0-
Harmon00-$0$0-
Nachusa00-$0$0-
Steward00-$0$0-
Nelson00-$0$0-

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