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South Central Reporter

Wednesday, November 6, 2024

Coffeen home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Coffeen fell by $18,000 while total sales increased by 50%, according to BlockShopper.com.

In May 2018, there were three homes sold, with a median sale price of $16,000 - a 52.9% decrease over the $34,000 median sale price for the same period of the previous year. There were two homes sold in Coffeen in May 2017.

The median sales tax in Coffeen for the most recent year with available data, 2017, was $744, approximately 4.6% of the median home sale price for May 2018.

The following table compares Coffeen to other Montgomery County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Hillsboro35-40%$74,000$55,00034.5%
Farmersville20-$18,500$0-
Coffeen3250%$16,000$34,000-52.9%
Nokomis10-$5,000$0-
Raymond01-100%$0$111,000-100%
Taylor Springs00-$0$0-
Coalton01-100%$0$3,000-100%
Fillmore01-100%$0$10,000-100%

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