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Thursday, April 18, 2024

Amboy home prices fall in May 2019

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The median sale price of a home sold in May 2019 in Amboy fell by $24,450 while total sales increased by 50%, according to BlockShopper.com.

In May 2019, there were three homes sold, with a median sale price of $88,000 - a 21.7% decrease over the $112,450 median sale price for the same period of the previous year. There were two homes sold in Amboy in May 2018.

The median sales tax in Amboy for the most recent year with available data, 2017, was $1,945, approximately 2.2% of the median home sale price for May 2019.

The following table compares Amboy to other Lee County cities in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Paw Paw220%$202,500$93,500116.6%
Palmyra36-50%$165,000$275,000-40%
Compton20-$145,000$0-
Steward12-50%$125,000$198,500-37%
Dixon1627-40.7%$89,750$64,00040.2%
Amboy3250%$88,000$112,450-21.7%
Franklin Grove41300%$76,500$65,00017.7%
Nelson01-100%$0$33,000-100%
Sublette00-$0$0-
Ashton02-100%$0$117,000-100%
Lee00-$0$0-
West Brooklyn01-100%$0$255,000-100%
Harmon00-$0$0-
Nachusa00-$0$0-

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