Illiopolis home prices fall in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Illiopolis fell by $22,133 while total sales increased by 25%, according to BlockShopper.com.

From April through June of 2020, there were five homes sold, with a median sale price of $57,600 - a 27.8% decrease over the $79,733 median sale price for the same period of the previous year. There were four homes sold in Illiopolis in the second quarter of 2019.

The median sales tax in Illiopolis for the most recent year with available data, 2018, was $1,494, approximately 2.6% of the median home sale price for the second quarter of 2020.

The following table compares Illiopolis to other Sangamon County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Auburn1421-33.3%$141,750$122,00016.2%
Pleasant Plains312-75%$137,500$116,25018.3%
Cantrall14-75%$134,500$193,250-30.4%
Divernon39-66.7%$129,000$88,95045%
Riverton529-82.8%$119,900$113,0006.1%
Loami19-88.9%$110,000$64,00071.9%
Pawnee422-81.8%$100,950$120,223-16%
Dawson17-85.7%$75,000$50,00050%
Illiopolis5425%$57,600$79,732.50-27.8%
Southern View310-70%$42,000$74,500-43.6%
Thayer24-50%$33,750$54,625-38.2%

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