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Friday, November 15, 2024

Valuation: Pricing for the median home in Coles County increased in February 2024 compared to February 2023

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Coles County Clerk And Recorder Julie Coe (2023) | Coles County Illinois

Coles County Clerk And Recorder Julie Coe (2023) | Coles County Illinois

In February, the median sale price of a home in Coles County rose by $65,500 from the same period in the previous year, while total sales decreased by 64.9%, according to BlockShopper.com.

Data shows that there were 20 homes sold in February, with a median sale price of $140,000 - an 87.9% increase over the $74,500 median sale price for the same period of the previous year. There were 57 homes sold in Coles County in February 2023.

For context, the median sales tax in Coles County, based on the latest available data from 2021, was $1,804, which stands at 1.3% of February's median home sale price.

The following histogram displays changes in median sales prices in Coles County from February 2023 to February 2024.

February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024$74,500$74,500$100,750$100,750$86,650$86,650$113,400$113,400$96,000$96,000$94,225$94,225$112,000$112,000$114,900$114,900$130,000$130,000$103,000$103,000$114,000$114,000$110,000$110,000$140,000$140,000

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