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West Central Reporter

Saturday, December 28, 2024

What happened to the median home price in Warsaw during October 2017?

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The median sale price of a home sold in October 2017 in Warsaw rose by $21,875 while total sales decreased by 50%, according to BlockShopper.com.

In October 2017, there were two homes sold, with a median sale price of $66,875 - a 48.6% increase over the $45,000 median sale price for the same period of the previous year. There were four homes sold in Warsaw in October 2016.

The median sales tax in Warsaw for 2017 was $1,511. In 2016, the median sales tax was $1,485. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Warsaw to other Hancock County cities in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Dallas City12-50%$100,000$11,250788.9%
Warsaw24-50%$66,875$45,00048.6%
Hamilton67-14.3%$62,750$75,000-16.3%
Augusta220%$55,000$40,25036.6%
La Harpe13-66.7%$55,000$32,00071.9%
Carthage440%$26,000$40,550-35.9%
Plymouth110%$10,000$8,50017.6%
Bowen10-$5,000$0-
Nauvoo03-100%$0$145,000-100%

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