Home prices decreased in Lake Holiday during May 2021

Home prices decreased in Lake Holiday during May 2021
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The median sale price of a home sold in May 2021 in Lake Holiday fell by $65,500 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2021, there were eight homes sold, with a median sale price of $112,500 – a 36.8% decrease over the $178,000 median sale price for the same period of the previous year. There were six homes sold in Lake Holiday in May 2020.

The median sales tax in Lake Holiday for the most recent year with available data, 2018, was $4,535, approximately 4% of the median home sale price for May 2021.

The following table compares Lake Holiday to other LaSalle County cities with similar median sale prices in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Sales Price May 2020 Median Sales Price % change (Median Sales Price)
Leland 2 1 100% $137,500 $126,500 8.7%
Ottawa 42 23 82.6% $134,750 $130,000 3.7%
Oglesby 8 4 100% $134,000 $132,000 1.5%
Earlville 9 1 800% $130,000 $60,000 116.7%
Peru 8 9 -11.1% $122,000 $110,000 10.9%
Lostant 1 0 – $120,000 $0 –
Lake Holiday 8 6 33.3% $112,500 $178,000 -36.8%
Mendota 10 0 – $101,000 $0 –
Ransom 2 0 – $81,750 $0 –
LaSalle 13 7 85.7% $74,000 $79,000 -6.3%
Streator 22 9 144.4% $72,750 $50,000 45.5%


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