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Wednesday, April 24, 2024

Dixon home prices fall in the first half of 2019

Re 11

The median sale price of a home sold in the first half of 2019 in Dixon fell by $3,000 while total sales decreased by 20.8%, according to BlockShopper.com.

From January through June of 2019, there were 76 homes sold, with a median sale price of $73,000 - a 3.9% decrease over the $76,000 median sale price for the same period of the previous year. There were 96 homes sold in Dixon in the first half of 2018.

The median sales tax in Dixon for the most recent year with available data, 2017, was $1,987, approximately 2.7% of the median home sale price for the first half of 2019.

The following table compares Dixon 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)
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%
Franklin Grove9580%$35,000$60,000-41.7%

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