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East Central Reporter

Monday, September 30, 2024

How did home prices perform in Paris during the third quarter of 2018?

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The median sale price of a home sold in the third quarter of 2018 in Paris fell by $45,000 while total sales decreased by 72.7%, according to BlockShopper.com.

From July through September of 2018, there were three homes sold, with a median sale price of $66,000 - a 40.5% decrease over the $111,000 median sale price for the same period of the previous year. There were 11 homes sold in Paris in the third quarter of 2017.

The median sales tax in Paris for 2018 was $999. In 2017, the median sales tax was $1,022. This marks an decrease of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Paris to other Edgar County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Paris311-72.7%$66,000$111,000-40.5%
Vermilion00-$0$0-
Kansas05-100%$0$35,000-100%
Redmon00-$0$0-
Chrisman01-100%$0$70,000-100%
Brocton01-100%$0$40,000-100%
Hume02-100%$0$33,750-100%

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