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East Central Reporter

Friday, April 19, 2024

Paris home prices rise in the first half of 2017

Realestate2

The median sale price of a home sold in the first half of 2017 in Paris rose by $35,500 while total sales decreased by 4.5%, according to BlockShopper.com.

From January through June of 2017, there were 21 homes sold, with a median sale price of $105,250 - a 50.9% increase over the $69,750 median sale price for the same period of the previous year. There were 22 homes sold in Paris in the first half of 2016.

The median sales tax in Paris for the most recent year with available data, 2015, was $940, approximately 0.9% of the median home sale price for the first half of 2017.

The following table compares Paris to other Edgar 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)
Paris2122-4.5%$105,250$69,75050.9%
Hume110%$77,000$34,000126.5%
Redmon110%$60,000$85,000-29.4%
Chrisman13-66.7%$41,000$60,000-31.7%
Vermilion20-$37,712$0-
Kansas26-66.7%$37,500$60,500-38%
Brocton3250%$14,000$40,500-65.4%

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