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East Central Reporter

Tuesday, November 5, 2024

Charleston home prices fall in August 2017

Realestate3

The median sale price of a home sold in August 2017 in Charleston fell by $6,731.50 while total sales increased by 6.9%, according to BlockShopper.com.

In August 2017, there were 31 homes sold, with a median sale price of $117,500 - a 5.4% decrease over the $124,231.50 median sale price for the same period of the previous year. There were 29 homes sold in Charleston in August 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 1.8%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Lerna10-$174,000$0-
Ashmore110%$121,000$170,000-28.8%
Charleston31296.9%$117,500$124,231.50-5.4%
Mattoon332626.9%$71,900$84,750-15.2%
Humboldt01-100%$0$111,000-100%
Oakland02-100%$0$76,000-100%

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