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East Central Reporter

Friday, November 8, 2024

Humboldt home prices rise in the first quarter of 2019

Realestate2

The median sale price of a home sold in the first quarter of 2019 in Humboldt rose by $36,500 while total sales increased by 33.3%, according to BlockShopper.com.

From January through March of 2019, there were four homes sold, with a median sale price of $61,500 - a 146% increase over the $25,000 median sale price for the same period of the previous year. There were three homes sold in Humboldt in the first quarter of 2018.

The median sales tax in Humboldt for the most recent year with available data, 2018, was $1,613, approximately 2.6% of the median home sale price for the first quarter of 2019.

The following table compares Humboldt to other Coles County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Lerna220%$125,656.50$13,500830.8%
Oakland330%$105,000$22,000377.3%
Charleston60575.3%$70,250$70,0000.4%
Mattoon66660%$70,000$60,00016.7%
Humboldt4333.3%$61,500$25,000146%
Ashmore12-50%$9,900$19,494-49.2%

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