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South Central Reporter

Tuesday, November 26, 2024

Germantown home prices rise in the first half of 2017

Re 13

The median sale price of a home sold in the first half of 2017 in Germantown rose by $43,200 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From January through June of 2017, there were nine homes sold, with a median sale price of $114,000 - a 61% increase over the $70,800 median sale price for the same period of the previous year. There were nine homes sold in Germantown in the first half of 2016, as well.

The median sales tax in Germantown for the most recent year with available data, 2016, was $2,338, approximately 2.1% of the median home sale price for the first half of 2017.

The following table compares Germantown to other Clinton County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Damiansville110%$155,000$15,000933.3%
Breese322060%$130,000$129,0000.8%
New Baden1419-26.3%$116,500$130,000-10.4%
Germantown990%$114,000$70,80061%
Albers67-14.3%$93,000$148,000-37.2%
Trenton1316-18.8%$92,000$104,250-11.8%
St. Rose60-$90,500$0-
Carlyle1924-20.8%$76,000$72,2505.2%
Bartelso52150%$71,000$126,750-44%
Aviston1316-18.8%$65,000$127,500-49%
Beckemeyer880%$49,450$31,50057%

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