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East Central Reporter

Wednesday, November 13, 2024

Rising home valuation prices in Coles County in July 2024 compared to July 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 July, the median sale price of a home in Coles County rose by $31,775 from the same period in the previous year, while total sales decreased by 18.8%, according to BlockShopper.com.

Data shows that there were 52 homes sold in July, with a median sale price of $126,000 - a 33.7% increase over the $94,225 median sale price for the same period of the previous year. There were 64 homes sold in Coles County in July 2023.

For context, the median sales tax in Coles County, based on the latest available data from 2021, was $1,804, which stands at 1.4% of July's median home sale price.

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

July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024$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$97,000$97,000$120,000$120,000$134,000$134,000$101,750$101,750$126,000$126,000

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