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Saturday, November 23, 2024

Granville home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Granville fell by $25,750 while total sales increased by 50%, according to BlockShopper.com.

From July through December of 2017, there were six homes sold, with a median sale price of $77,250 - a 25% decrease over the $103,000 median sale price for the same period of the previous year. There were four homes sold in Granville in the second half of 2016.

The median sales tax in Granville for 2017 was $1,597. In 2016, the median sales tax was $1,583. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Granville to other Putnam County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Hennepin5366.7%$112,500$107,0005.1%
Mark6450%$98,950$46,000115.1%
McNabb3250%$89,000$99,500-10.6%
Granville6450%$77,250$103,000-25%
Magnolia10-$65,000$0-
Standard00-$0$0-

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