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East Central Reporter

Thursday, November 14, 2024

Edgar County median home valuation prices rose by 26.8% in July 2024 compared to July 2023

Re 7

In July, the median sale price of a home in Edgar County rose by $18,500 from the same period in the previous year, while total sales decreased by 71.1%, according to BlockShopper.com.

Data shows that there were 11 homes sold in July, with a median sale price of $87,500 - a 26.8% increase over the $69,000 median sale price for the same period of the previous year. There were 38 homes sold in Edgar County in July 2023.

For context, the median sales tax in Edgar County, based on the latest available data from 2020, was $1,082, which stands at 1.2% of July's median home sale price.

The following histogram displays changes in median sales prices in Edgar County from July 2023 to July 2024.

July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024$69,000$69,000$141,000$141,000$60,000$60,000$52,000$52,000$30,000$30,000$39,500$39,500$57,750$57,750$31,000$31,000$60,000$60,000$35,000$35,000$85,000$85,000$181,500$181,500$87,500$87,500

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