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East Central Reporter

Saturday, November 23, 2024

Paris home prices rise in the third quarter of 2017

Realestate5

The median sale price of a home sold in the third quarter of 2017 in Paris rose by $28,500 while total sales decreased by 42.1%, according to BlockShopper.com.

From July through September of 2017, there were 11 homes sold, with a median sale price of $111,000 - a 34.5% increase over the $82,500 median sale price for the same period of the previous year. There were 19 homes sold in Paris in the third quarter of 2016.

The median sales tax in Paris for the most recent year with available data, 2015, was $939.70, approximately 0.8% of the median home sale price for the third quarter of 2017.

The following table compares Paris to other Edgar County cities in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Paris1119-42.1%$111,000$82,50034.5%
Chrisman12-50%$70,000$61,00014.8%
Brocton110%$40,000$10,500281%
Kansas51400%$35,000$55,000-36.4%
Hume20-$33,750$0-
Redmon01-100%$0$13,000-100%
Vermilion00-$0$0-

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