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Saturday, November 23, 2024

What happened to the median home price in Warsaw during October 2019?

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The median sale price of a home sold in October 2019 in Warsaw rose by $17,150 while total sales increased by 25%, according to BlockShopper.com.

In October 2019, there were five homes sold, with a median sale price of $59,900 - a 40.1% increase over the $42,750 median sale price for the same period of the previous year. There were four homes sold in Warsaw in October 2018.

The median sales tax in Warsaw for 2019 was $1,469. In 2018, the median sales tax was $1,495. This marks an decrease of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Warsaw to other Hancock County cities in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Nauvoo12-50%$240,000$80,250199.1%
Hamilton550%$130,000$144,000-9.7%
Augusta20-$60,000$0-
Warsaw5425%$59,900$42,75040.1%
Carthage6520%$49,250$63,000-21.8%
Dallas City12-50%$28,000$98,750-71.6%
Plymouth00-$0$0-
Bowen01-100%$0$56,000-100%
La Harpe00-$0$0-

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