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East Central Reporter

Tuesday, May 7, 2024

Ashmore home prices fall in the first half of 2017

Realestate1

The median sale price of a home sold in the first half of 2017 in Ashmore fell by $4,750 while total sales decreased by 40%, according to BlockShopper.com.

From January through June of 2017, there were six homes sold, with a median sale price of $35,750 - a 11.7% decrease over the $40,500 median sale price for the same period of the previous year. There were 10 homes sold in Ashmore in the first half of 2016.

The median sales tax in Ashmore for 2017 was $1,302. In 2016, the median sales tax was $1,334. This marks an decrease of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Ashmore to other Coles County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Humboldt28-75%$294,916.50$80,950264.3%
Lerna41300%$112,000$221,000-49.3%
Charleston1381278.7%$105,450$100,0005.5%
Oakland15966.7%$100,000$62,00061.3%
Mattoon16114411.8%$64,000$73,935.98-13.4%
Ashmore610-40%$35,750$40,500-11.7%

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