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Monday, November 25, 2024

Dixon home prices rise in the second quarter of 2019

Realestate1

The median sale price of a home sold in the second quarter of 2019 in Dixon rose by $4,700 while total sales decreased by 43.3%, according to BlockShopper.com.

From April through June of 2019, there were 34 homes sold, with a median sale price of $80,700 - a 6.2% increase over the $76,000 median sale price for the same period of the previous year. There were 60 homes sold in Dixon in the second quarter of 2018.

The median sales tax in Dixon for the most recent year with available data, 2017, was $1,987, approximately 2.5% of the median home sale price for the second quarter of 2019.

The following table compares Dixon 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)
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%
Ashton37-57.1%$48,000$75,000-36%

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