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South Central Reporter

Friday, November 22, 2024

Farmersville home prices fall in November 2017

Realestate1

The median sale price of a home sold in November 2017 in Farmersville fell by $31,000 while total sales decreased by 40%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $87,000 - a 26.3% decrease over the $118,000 median sale price for the same period of the previous year. There were five homes sold in Farmersville in November 2016.

The median sales tax in Farmersville for 2017 was $1,520. In 2016, the median sales tax was $1,503. 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 1.7%.

The following table compares Farmersville to other Montgomery County cities in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Farmersville35-40%$87,000$118,000-26.3%
Hillsboro41300%$83,750$30,000179.2%
Nokomis110%$20,000$55,000-63.6%
Coalton00-$0$0-
Fillmore00-$0$0-
Raymond00-$0$0-
Taylor Springs02-100%$0$27,500-100%
Coffeen01-100%$0$60,000-100%

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