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Sunday, November 24, 2024

Amboy home prices fall in the first half of 2019

Realestate5

The median sale price of a home sold in the first half of 2019 in Amboy fell by $20,000 while total sales increased by 11.8%, according to BlockShopper.com.

From January through June of 2019, there were 19 homes sold, with a median sale price of $100,000 - a 16.7% decrease over the $120,000 median sale price for the same period of the previous year. There were 17 homes sold in Amboy in the first half of 2018.

The median sales tax in Amboy for the most recent year with available data, 2017, was $1,945, approximately 1.9% of the median home sale price for the first half of 2019.

The following table compares Amboy to other Lee County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Nelson110%$199,000$33,000503%
Lee21100%$156,000$319,000-51.1%
Palmyra814-42.9%$155,250$211,000-26.4%
Paw Paw612-50%$138,000$115,75019.2%
Steward23-33.3%$136,000$197,000-31%
Amboy191711.8%$100,000$120,000-16.7%
Dixon7696-20.8%$73,000$76,000-3.9%
Sublette23-33.3%$65,000$65,0000%
Harmon13-66.7%$50,100$37,00035.4%
Compton80-$49,500$0-
Ashton313-76.9%$48,000$65,000-26.2%

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