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Friday, April 19, 2024

Sublette home prices rise in the second half of 2019

Realestate077

The median sale price of a home sold in the second half of 2019 in Sublette rose by $83,625 while total sales decreased by 75%, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $221,500 - a 60.7% increase over the $137,875 median sale price for the same period of the previous year. There were eight homes sold in Sublette in the second half of 2018.

The median sales tax in Sublette for the most recent year with available data, 2018, was $2,518, approximately 1.1% of the median home sale price for the second half of 2019.

The following table compares Sublette 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)
Lee41300%$270,000$105,500155.9%
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%

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