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East Central Reporter

Thursday, April 25, 2024

Charleston home prices rise in May 2017

Realestate077

The median sale price of a home sold in May 2017 in Charleston rose by $25,000 while total sales increased by 14.3%, according to BlockShopper.com.

In May 2017, there were 32 homes sold, with a median sale price of $112,500 - a 28.6% increase over the $87,500 median sale price for the same period of the previous year. There were 28 homes sold in Charleston in May 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 1.9%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Charleston322814.3%$112,500$87,50028.6%
Mattoon2627-3.7%$76,000$89,500-15.1%
Ashmore12-50%$50,500$38,00032.9%
Oakland20-$25,625$0-
Lerna01-100%$0$221,000-100%
Humboldt01-100%$0$79,900-100%

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