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Illinois Valley Times

Friday, June 21, 2024

Putnam County home prices fell in the second half of 2022

Realestate3

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Adobe Stock

The median sale price of a home sold in the second half of 2022 in Putnam County fell by $14,000 while total sales decreased by 6.1%.

From July through December of 2022, there were 31 homes sold, with a median sale price of $111,000 - an 11.2% decrease from the $125,000 median sale price for the same period of the previous year. There were 33 homes sold in Putnam County in the second half of 2021.

The median sales tax in Putnam County for the most recent year with available data, 2021, was $1,960 approximately 1.8% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Putnam County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$125000$125000$135000$135000$111000$111000

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