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East Central Reporter

Friday, April 19, 2024

Paris home prices fall in February 2017

Re 5

The median sale price of a home sold in February 2017 in Paris fell by $32,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In February 2017, there were four homes sold, with a median sale price of $48,000 - a 40.4% decrease over the $80,500 median sale price for the same period of the previous year. There were four homes sold in Paris in February 2016, as well.

The median sales tax in Paris for the most recent year with available data, 2015, was $940, approximately 2% of the median home sale price for February 2017.

The following table compares Paris to other Edgar County cities in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Brocton10-$58,000$0-
Paris440%$48,000$80,500-40.4%
Redmon00-$0$0-
Chrisman00-$0$0-
Hume00-$0$0-
Vermilion00-$0$0-
Kansas01-100%$0$62,000-100%

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