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Illinois Valley Times

Sunday, November 24, 2024

Falling home valuation prices in Putnam County in July 2023 compared to July 2022

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In July 2023, the median sale price of a home in Putnam County fell by $67,500 from the same period in the previous year, while total sales decreased by 42.9%, according to BlockShopper.com.

Data shows that there were four homes sold in July 2023, with a median sale price of $107,500 - a 38.6% decrease from the $175,000 median sale price for the same period of the previous year. There were seven homes sold in Putnam County in July 2022.

For context, the median sales tax in Putnam County, based on the latest available data from 2021, was $1,960, which stands at 1.8% of July 2023's median home sale price.

The following histogram displays changes in median sales prices in Putnam County from July 2022 to July 2023.

July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023$175,000$175,000$110,000$110,000$80,000$80,000$61,000$61,000$95,000$95,000$138,750$138,750$141,000$141,000$162,000$162,000$105,000$105,000$0$0$123,000$123,000$83,000$83,000$107,500$107,500

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