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Sunday, November 24, 2024

What happened to the median home price in Plymouth during 2018?

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The median sale price of a home sold in 2018 in Plymouth fell by $15,000 while total sales increased by 25%, according to BlockShopper.com.

From January through December of 2018, there were five homes sold, with a median sale price of $15,000 - a 50% decrease over the $30,000 median sale price for the previous year. There were four homes sold in Plymouth in 2017.

The median sales tax in Plymouth for 2018 was $361. In 2017, the median sales tax was $373. This marks an decrease of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Plymouth to other Hancock County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Hamilton44440%$75,500$76,000-0.7%
Nauvoo1221-42.9%$74,000$75,000-1.3%
Carthage474114.6%$58,000$55,0005.5%
Warsaw211723.5%$50,000$67,500-25.9%
Augusta11683.3%$49,000$37,25031.5%
Bowen78-12.5%$48,000$29,50062.7%
Dallas City11683.3%$30,000$67,500-55.6%
La Harpe1820-10%$27,500$49,000-43.9%
Plymouth5425%$15,000$30,000-50%

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