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Saturday, November 23, 2024

Charleston home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Charleston fell by $3,250 while total sales increased by 92.3%, according to BlockShopper.com.

In October 2017, there were 25 homes sold, with a median sale price of $89,750 - a 3.5% decrease over the $93,000 median sale price for the same period of the previous year. There were 13 homes sold in Charleston in October 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 2.3%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Charleston251392.3%$89,750$93,000-3.5%
Oakland31200%$87,500$67,50029.6%
Ashmore41300%$86,500$167,500-48.4%
Mattoon272128.6%$81,000$67,00020.9%
Lerna110%$53,000$6,500715.4%
Humboldt02-100%$0$76,500-100%

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