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Friday, October 18, 2024

Lake Butler home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Lake Butler fell by $48,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From July through December of 2018, there were seven homes sold, with a median sale price of $57,000 - a 45.7% decrease over the $105,000 median sale price for the same period of the previous year. There were seven homes sold in Lake Butler in the second half of 2017, as well.

The median sales tax in Lake Butler for the most recent year with available data, 2017, was $530, approximately 0.9% of the median home sale price for the second half of 2018.

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