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East Central Reporter

Wednesday, April 17, 2024

Charleston home prices rise in February 2017

Realestate077

The median sale price of a home sold in February 2017 in Charleston rose by $5,500 while total sales increased by 55.6%, according to BlockShopper.com.

In February 2017, there were 14 homes sold, with a median sale price of $74,000 - a 8% increase over the $68,500 median sale price for the same period of the previous year. There were nine homes sold in Charleston in February 2016.

The median sales tax in Charleston for 2017 was $2,101.09. In 2016, the median sales tax was $2,134.90. This marks an decrease of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Charleston to other Coles County cities in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Mattoon211275%$79,000$64,00023.4%
Charleston14955.6%$74,000$68,5008%
Lerna00-$0$0-
Ashmore00-$0$0-
Humboldt00-$0$0-
Oakland02-100%$0$46,750-100%

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