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Monday, November 25, 2024

Sublette home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Sublette rose by $90,750 while total sales decreased by 71.4%, according to BlockShopper.com.

From July through September of 2019, there were two homes sold, with a median sale price of $221,500 - a 69.4% increase over the $130,750 median sale price for the same period of the previous year. There were seven homes sold in Sublette in the third quarter 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 third quarter of 2019.

The following table compares Sublette to other Lee County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Lee10-$315,000$0-
Sublette27-71.4%$221,500$130,75069.4%
Palmyra8560%$184,000$269,000-31.6%
Nelson110%$183,000$129,90040.9%
Paw Paw68-25%$126,000$140,000-10%
Steward21100%$110,500$62,50076.8%
Amboy1119-42.1%$101,000$86,00017.4%
Dixon8996-7.3%$92,500$84,9508.9%
Franklin Grove47-42.9%$70,950$89,000-20.3%
Ashton7616.7%$65,000$51,25026.8%
Harmon10-$58,000$0-

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