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Tuesday, November 26, 2024

Amboy home prices fall in August 2018

Re 12

The median sale price of a home sold in August 2018 in Amboy fell by $17,550 while total sales increased by 40%, according to BlockShopper.com.

In August 2018, there were seven homes sold, with a median sale price of $99,000 - a 15.1% decrease over the $116,550 median sale price for the same period of the previous year. There were five homes sold in Amboy in August 2017.

The median sales tax in Amboy for the most recent year with available data, 2017, was $1,945, approximately 2% of the median home sale price for August 2018.

The following table compares Amboy to other Lee County cities in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Franklin Grove23-33.3%$674,500$92,700627.6%
Palmyra26-66.7%$365,000$163,500123.2%
Paw Paw110%$266,000$68,500288.3%
Sublette20-$118,750$0-
Amboy7540%$99,000$116,550-15.1%
Dixon352540%$78,000$75,0004%
Ashton20-$62,500$0-
Lee00-$0$0-
West Brooklyn00-$0$0-
Compton01-100%$0$10,000-100%
Harmon01-100%$0$90,000-100%
Nachusa01-100%$0$36,250-100%
Steward00-$0$0-
Nelson00-$0$0-

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