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Friday, April 19, 2024

Nachusa home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Nachusa fell by $98,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From July through December of 2019, there were three homes sold, with a median sale price of $100,000 - a 49.5% decrease over the $198,000 median sale price for the same period of the previous year. There were three homes sold in Nachusa in the second half of 2018, as well.

The median sales tax in Nachusa for the most recent year with available data, 2018, was $2,530, approximately 2.5% of the median home sale price for the second half of 2019.

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

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Sublette28-75%$221,500$137,87560.7%
Palmyra201266.7%$195,000$263,250-25.9%
West Brooklyn10-$165,000$0-
Paw Paw913-30.8%$132,250$145,000-8.8%
Amboy2129-27.6%$106,000$86,00023.3%
Nachusa330%$100,000$198,000-49.5%
Ashton15147.1%$91,000$77,00018.2%
Dixon149168-11.3%$87,000$84,2503.3%
Steward330%$75,000$121,000-38%
Nelson31200%$74,600$129,900-42.6%
Harmon110%$58,000$16,000262.5%

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