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East Central Reporter

Tuesday, November 26, 2024

Hume home prices rise in 2017

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The median sale price of a home sold in 2017 in Hume rose by $4,250 while total sales increased by 100%, according to BlockShopper.com.

From January through December of 2017, there were four homes sold, with a median sale price of $33,750 - a 14.4% increase over the $29,500 median sale price for the previous year. There were two homes sold in Hume in 2016.

The median sales tax in Hume for 2017 was $551. In 2016, the median sales tax was $528. This marks an increase of 4.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Paris4064-37.5%$93,250$74,75024.7%
Redmon12-50%$60,000$49,00022.4%
Chrisman26-66.7%$55,500$62,500-11.2%
Vermilion20-$37,712$0-
Kansas810-20%$36,500$60,500-39.7%
Hume42100%$33,750$29,50014.4%
Brocton46-33.3%$27,000$16,00068.8%

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