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Tuesday, November 26, 2024

Franklin Grove home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Franklin Grove rose by $6,000 while total sales increased by 50%, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $53,000 - a 12.8% increase over the $47,000 median sale price for the same period of the previous year. There were two homes sold in Franklin Grove in November 2017.

The median sales tax in Franklin Grove for the most recent year with available data, 2017, was $1,949, approximately 3.7% of the median home sale price for November 2018.

The following table compares Franklin Grove to other Lee County cities in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Paw Paw12-50%$268,500$60,000347.5%
Palmyra330%$154,000$156,000-1.3%
Nachusa20-$138,750$0-
Dixon1927-29.6%$77,000$61,00026.2%
Ashton41300%$76,000$88,000-13.6%
Amboy110%$63,000$72,500-13.1%
Franklin Grove3250%$53,000$47,00012.8%
Sublette01-100%$0$50,000-100%
Lee00-$0$0-
West Brooklyn00-$0$0-
Compton01-100%$0$450,000-100%
Harmon00-$0$0-
Steward00-$0$0-
Nelson01-100%$0$185,000-100%

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