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South Central Reporter

Tuesday, November 26, 2024

Raymond home prices rise in the second quarter of 2017

Realestate077

The median sale price of a home sold in the second quarter of 2017 in Raymond rose by $26,500 while total sales decreased by 60%, according to BlockShopper.com.

From April through June of 2017, there were two homes sold, with a median sale price of $90,500 - a 41.4% increase over the $64,000 median sale price for the same period of the previous year. There were five homes sold in Raymond in the second quarter of 2016.

The median sales tax in Raymond for 2017 was $1,702.14. In 2016, the median sales tax was $1,684.30. This marks an increase of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Raymond to other Montgomery County cities in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Raymond25-60%$90,500$64,00041.4%
Coalton21100%$69,000$17,000305.9%
Taylor Springs220%$59,000$13,500337%
Hillsboro10825%$53,000$58,000-8.6%
Nokomis34-25%$40,000$50,950-21.5%
Coffeen220%$34,000$84,500-59.8%
Farmersville24-50%$26,500$80,250-67%
Fillmore21100%$13,000$4,700176.6%

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