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Thursday, April 25, 2024

Steward home prices fall in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in Steward fell by $62,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From April through June of 2019, there were two homes sold, with a median sale price of $136,000 - a 31.5% decrease over the $198,500 median sale price for the same period of the previous year. There were two homes sold in Steward in the second quarter of 2018, as well.

The median sales tax in Steward for the most recent year with available data, 2017, was $3,564, approximately 2.6% of the median home sale price for the second quarter of 2019.

The following table compares Steward to other Lee County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Nelson110%$199,000$33,000503%
Lee10-$142,000$0-
Paw Paw411-63.6%$138,000$116,50018.5%
Steward220%$136,000$198,500-31.5%
Palmyra48-50%$127,500$231,750-45%
Compton40-$101,995.25$0-
Amboy1013-23.1%$96,500$120,000-19.6%
Dixon3460-43.3%$80,700$76,0006.2%
Franklin Grove550%$57,000$60,000-5%
Harmon13-66.7%$50,100$37,00035.4%
Sublette110%$50,000$300,000-83.3%

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