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East Central Reporter

Monday, November 25, 2024

Coles County home valuations prices fell in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Coles County fell by $10,000 while total sales increased by 12%.

From January through June of 2022, there were 421 homes sold, with a median sale price of $90,000 - a 10% decrease from the $100,000 median sale price for the same period of the previous year. There were 376 homes sold in Coles County in the first half of 2021.

The median sales tax in Coles County for the most recent year with available data, 2021, was $1,804 approximately 2% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Coles County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$100000$100000$93000$93000$90000$90000

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